A Savings Account That Grows with Your Child
The My Moolah Account is Indianhead Credit Union’s youth savings program for kids and teens from birth through age 17.
It helps families in Wisconsin teach children how to save money, manage their first checking account, and even prepare for a car loan or scholarship as they get older. It’s more than a savings account — it’s a full financial path for kids.
Ready to Open a Youth Account?
If you’re looking to open a savings account for your child or teen, Indianhead Credit Union makes it easy.
What you’ll need:
- A parent or legal guardian (must be present to open the account)
- Your child’s Social Security Number
- Your child’s date of birth
- A valid photo ID for the parent or guardian
- A $5 deposit to get started — and we’ll match it*
Visit or call any of our branches in Spooner, Grantsburg, or Superior, Wisconsin to get started.
*One match per child. Matched funds available for withdrawal after six months.
What You Get with a My Moolah Youth Account
- $5 deposit match when you open the account*
- 1% bonus interest on the first $3,000 saved
- Free online and mobile banking with eStatements
- Birthday newsletter each year with a $5 gift deposit
- Youth-focused events like Youth Month
- Access to scholarships and credit-building tools for teens
Youth Account Options by Age
Ages 0–12:
- High-yield youth savings account
- Optional goal-based savings (club accounts) for trips, toys, or hobbies
- Birthday gifts and event invitations
Ages 13–15:
- All savings account benefits
- Kids checking account with debit card access (requires parent or guardian co-signer)
- Continued access to birthday rewards and fun events
Ages 16–17:
- Checking and savings accounts
- Credit Builder Loans for teens with earned income (part-time job, allowance with direct deposit)*
- First-time vehicle loans with up to 0.50% rate discount*
- Graduating senior scholarships for eligible members
*Loan availability based on income and credit approval. Parent or guardian required under age 18.
Meet Milkshake, Our Mascot
Our youth account mascot is a cow named Milkshake, chosen by our My Moolah members. Milkshake shows up at credit union events, birthday parties, and fun local celebrations. Look for Milkshake at your nearest branch during Moolah’s Birthday Bash this September.