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Rocky Raccoon Youth Savings Account

More fun than a piggy bank - because we give out prizes.

Some kids get a weekly allowance, while others get birthday cash or earn a few bucks doing household chores. And what's their first thought when they get that cash? Spend it.

At Power Financial Credit Union, we'd like to help reshape their thinking. Our Rocky Raccoon Youth Savings Account offers rewards for making deposits and helps parents teach lessons about financial responsibility that can last a lifetime.

Why Open a Rocky Raccoon Savings Account

  • Get rewarded for saving
  • Learn the importance of saving money
  • Learn how to manage and spend wisely

Features and Benefits 

  • Designed exclusively for members 12 years old and under*
  • $5 minimum deposit to open a youth savings account
  • Get $2 for each "A" grade earned on your report card** 
  • No monthly fees
  • Earn competitive interest on deposits
  • Deposits can earn prizes including yo-yos, backpacks and gift cards from major retailers
  • Download the full list of prizes here
  • At age 13, Rocky Raccoon accounts are automatically converted into Cha-Ching! teen accounts

How Rocky Raccoon Rewards Work

  • For every $10 in net deposits you earn 1 token
  • Your token balance is automatically tracked and you will receive monthly statements
  • Trade in tokens at any PFCU branch for great prizes such as gift cards
  • Tokens expire at the end of each year

How to Open a Rocky Raccoon Account

  • Visit any PFCU branch with a parent/guardian
  • Request to open a Rocky Raccoon Savings account
  • Child needs to show a primary and secondary form of ID
    • Primary ID examples: passport, birth certificate or alien registration card
    • Secondary ID examples: Social Security card or school photo ID
  • Parent/Guardian serves as joint account holder and will also needs two forms of ID

Page Disclaimers

*At age 13, members are required to convert to a Cha-Ching Teen Checking account

**New accounts must be open for 90 days to qualify. Member must be enrolled in grades 1–12 with report card reflecting the most current quarter of the current school year. Bonus will be deposited in the member Rocky Raccoon Savings or Cha-Ching Checking Account. Submission of report card may be brought in to a Power Financial Credit Union branch or emailed to [email protected].

Note: All tokens issued in the current year must be redeemed by December 31st of the current year. Power Financial Credit Union will provide prizes on a best effort basis and does not guarantee that all prizes at the time of account opening will be available at the time of prize redemption. Call 800-548-5465 prior to submitting the gift list if you wish to confirm the current prize options. We reserve the right to cancel this program at any time. Funds deposited and then withdrawn do not earn tokens. Gifts and token amounts are subject to change.

Power Financial Credit Union serves members across South Florida with 7 full-service branches and offers convenient account access from anywhere using its secure Online Banking and highly-rated Mobile App.