Teach kids about money with a Kids Savings Account

As a joint owner on an Alliant Kids Savings account, will I be able to view it in online banking?

Yes, as a joint owner, you can view your child’s Alliant Kids Savings account once given access. To view Alliant joint account(s) within online banking, the primary account owner must first give access.

Your child should log in to Alliant online banking, then click into his or her savings account in the left sidebar of the main My Accounts page.

• Select “Account Details.”
• Select “Manage Joint Owners.”
• Select “Manage Online Access.”
• Follow the onscreen prompts to select the account(s) your child would like you to have access to.
• Click the “Update” button. 

After your child completes the above steps, you can then log in to your own Alliant online banking to view your child’s savings account.

My child is older than 12. What kind of savings account should I open for him?

You may open a regular Alliant High-Rate Savings account for children older than 12.

What happens when my child turns 13 years old?

When your child reaches the age of 13, they will be eligible to apply for the Teen Checking account. Their Alliant Kids Savings Account will remain as a savings account, and any funds in the account will remain in the account unless or until they withdraw or transfer them. The only change is that they will also have the option of applying for an Alliant Teen Checking Account. If they do open a checking account, they will then have a debit card that enables them to access both their savings and checking accounts, so that they can easily transfer funds between the accounts.

Are my account funds insured to protect me from loss?

Alliant deposit accounts are federally insured up to $250,000 by the NCUA. To learn the details of funds coverage, visit the NCUA page on the Alliant website.