Future Leader Savings

Build good financial habits with tiered dividends and fun rewards.

Make a Habit of Saving

Saving money is a habit that should start in youth. The Future Leader Savings account is designed with our youngest members in mind, leading them toward financial stability and the brightest future.

View Account Highlights

Future Leader Savings builds financial stability

It’s time to learn what saving money can do for you. Are you:

Wanting to teach your child the benefits of saving?

Ready for your child to earn dividends and rewards when they save?

In search of simple banking tools to help build financial literacy?

Ready to work toward your long-term financial goals?

Members Earn More

Better rates are your reward for membership.

Set your child up for financial success and earn up to 5.00% APY¹.

UP TO 5.00% APY 1

How Future Leader Savings Stacks Up

Our members earn more with dividends that beat the national average.

Earn up to 83X the national average²

Tiered dividends allow your money to grow

Keep your money accessible while you earn dividends

5.00% APY 1

0.06% APY 2

$10 minimum balance to open an account³

Tiered dividends to encourage kids to save money⁴

Earn 5.00% APY¹ on your first $500 of savings

Highlights

The youth savings account designed to lead to a secure future.

Leaders will deposit money for good report cards and perfect attendance⁵

Track your savings with our free mobile app

$10 minimum balance to open an account³

Tiered dividends to encourage kids to save money⁴

Earn 5.00% APY¹ on your first $500 of savings

Leaders will deposit money for good report cards and perfect attendance⁵

Track your savings with our free mobile app

Open Your Account Today

Need help opening your minor account online?

See Step-by-Step Guide

Testimonials

What Our Members Are Saying About Leaders

Leaders Credit Union embodies exceptional service to their members, innovation in banking, and leadership in the community. My family knows that Leaders will always be there for us, whether buying a home, paying off a car, or building savings.

Luke Pruett

LeBonheur Children’s Hospital

Leaders Credit Union prides itself on supporting the local community and investing in members’ experience. Leaders is more than a financial institution — it’s family!

Maliah Harmon

Ingram Content Group

The personal service and care I receive from Leaders is second to none. Their outstanding online and mobile presence makes banking easier for me and my often-times hectic lifestyle. At the end of the day, I know they have my best interests in mind.

Jason A. Sykes

Bartlett City Schools

Your financial champion was fantastic in opening an account for my oldest daughter. He took the time to answer all the questions we had about the process, even the bonus ones thrown his way by my other kids. I cannot say enough great things about Leaders and how thankful I am bank with you!

Amanda D. Stewart

Future Leader Savings

Our experience in getting a HELOC from Leaders was awesome! We were able to complete the paperwork and get it funded very quickly. Once it was funded, we were able to move money from that account into our checking account, all through the Leaders mobile app.

Dave Bratcher

YMCA of West Tennessee

What could you buy if you started saving now?

Tomorrow’s leaders can start the habit of saving today. Our free savings calculator can help you achieve your financial goals.

Enter your starting amount, estimated monthly savings, and interest rate to calculate how much you can save. You can use this information to set short-term and long-term financial goals. You can even email your results to yourself, so they’ll always be accessible.

Frequently Asked Questions about
Savings Accounts

Can I open a Future Leader savings account online?: Yes. You can open a new Future Leader savings account online in just a few minutes. You will need the minor's social security card and birth certificate both in branch or online to open this account.

If you need help, see our step-by-step instructions for opening a minor account.

Is there a minimum deposit to open a Future Leader savings account?: Yes, there is a $10 minimum deposit to open a Future Leader Savings account. If you are not already a member, a $10 deposit is required into a Prime Share savings account to hold membership (refunded upon account closure).

Do I need to be a Leaders member to open a Future Leader Savings account?: Yes. The membership fee of $25 is waived for Youth Accounts. Simply enter the code "YOUTH" when you open your account. Need help opening your account online? See our step-by-step instructions for opening a minor account.

What rewards are available with the Future Leaders Savings account?: Leaders Credit Union wants to encourage excellence in our youngest members. We’ll deposit $1 for each A or Excellent grade you receive, up to $5 per report card. Plus, if you have perfect attendance for the year, we’ll make a deposit of $10 to your account.

What are dividends?: Dividends are money you earn for maintaining a balance in certain accounts. An account dividend is expressed as a percentage and calculated based on the average daily balance in the account for a month. Dividends are paid monthly or quarterly, depending on the account. The APY is the Annual Percentage Yield and represents the total actual percentage that a fixed sum in an account would earn in a year, including dividend accruals.

Why are dividends tiered with the Future Leader Savings account?: We believe that the best way to lead our youth toward a bright future is to help them build healthy financial habits now. By offering incentives to save, we show our youngest members that saving is worthwhile and rewarding.

Disclosures

1. - APY = Annual Percentage Yield.

2. - Based on the national APY average on savings accounts in the US according to Bankrate as of 05/06/2022.

3. - $10 for Future Leader Savings, $10 for Prime Share.

4. - $0.00 - $500.00 receives 5.00% APY, $500.01 - $4,999.99 receives 1.00% APY, $5,000.00 - $9,999.99 receives 0.75% APY, and $10,000.00 - $24,999.99 receives 0.25% APY.

5. - Deposit is made when a report card or perfect school year attendance report is presented in-branch with a limit of four report cards and/or one perfect attendance report per school year. Report card deposits are made once each quarter and are $1 per “A” or “Excellent” grade with a limit of $5 per report card. Perfect attendance deposit is made at the end of the school year and is $10.

If the member withdraws from the account, the member will not receive dividends for the month. One withdrawal per month without a fee, additional withdrawals are subject to a $5 fee. One Future Leaders Account per membership. All Future Leader Accounts require at least one person age 18 or over as joint owner of the account.

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

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Future Leader Savings

Make a Habit of Saving