Financial Institution: Cyprus Federal Credit Union

The Learn & Earn Teen Account is a youth banking program designed to help teens build smart financial habits while earning rewards along the way. Created for teens ages 13–18, the account combines hands-on financial education with practical banking tools such as a checking account, savings account, debit card access, mobile banking, and digital payment options.

What makes this program unique is its focus on financial literacy. Teens complete interactive learning modules focused on budgeting, saving, spending, and money management, while earning incentives for participation and positive financial behaviors. The program also encourages savings by offering a competitive dividend rate on savings balances and rewards teens for completing educational milestones and setting up direct deposit.

The Learn & Earn Teen Account helps young members gain confidence managing money in a fun, engaging, and real-world way while building a strong relationship with the credit union early in life.