7-Month Certificate
Grow their savings with a smart short-term investment
At Health Advantage Credit Union, we believe it's never too early to start building a strong financial future. Our 7-Month Youth Certificate is designed specifically for members age 20 and under, helping young savers take the next step beyond a basic savings account.
This limited-term certificate offers a safe, reliable way for youth to earn more on their money while learning the value of setting funds aside for the future.
A great fit for young savers ready to grow.
The 7-Month Youth Share Certificate is a simple and effective tool to introduce youth to the benefits of long-term saving. With a competitive rate, no monthly maintenance fees, and a short 7-month term, it's perfect for first-time savers or those with specific savings goals in mind—like a class trip, new gadget, or future college expenses.
Certificate Details:
- Available for youth age 20 and under
- $500 minimum investment
- $1,000 maximum investment
- Competitive fixed dividend rate for the entire term
- Dividends accrue and transfer to the primary share account monthly
- One Youth Share Certificate per Youth Account
Unlike a traditional savings account, the Youth Certificate locks in a great rate for the full 7-month term, encouraging young members to save with purpose. And since dividends are automatically transferred into the primary share account each month, young savers can see their interest grow regularly—adding encouragement and visibility to the process.
Parents and guardians can feel confident knowing this investment tool is built for safety and education. It’s a valuable step toward teaching the importance of saving, planning, and thinking ahead.
Why Choose a Certificate?
- Teaches smart savings habits early
- Builds awareness of short-term financial planning
- Offers hands-on experience with investment-style accounts
- Encourages youth to think beyond everyday spending
Whether your child is saving birthday money, part-time job earnings, or gifts from family, the Health Advantage 7-Month Youth Certificate makes that money work harder—while laying the foundation for long-term financial well-being.
Some products may require joint ownership with a parent or guardian that has established credit. Health Advantage Federal Credit Union does not knowingly collect, nor is our web site designed or directed to use personal information from children under the age of 13 without containing verifiable consent from their parents. We do offer a "Youth" section on our web site that children can access external links to other sites that are age-appropriate. Should a child choose to submit information or questions to us, we would only use that information to respond directly to that child, seek parental consent or provide parental notice. No information would be stored.
