Accounts for Kids
We are helping kids learn to love to save. We know how important financial wellness is to our youth and community. This is why Purdue Federal actively volunteers in dozens of local classrooms around the Greater Lafayette and LaPorte, Indiana areas.
Free Student Checking
Students of all ages are eligible for student checking with debit card. No minimum balance required.
- Link to your child's account through online banking.
- Free financial literacy seminars and in-school presentations.
- Overdraft protection from a Purdue Federal Visa credit card or savings account.
- Branches inside Jefferson and Harrison high schools.
- Help your child learn to budget and manage money before leaving home.
- Build a strong credit history early to make getting student loans, renting an apartment and buying a car easier.
What you need to open a youth checking account:
- Social Security Card, birth certificate or unexpired government-issued ID for minor
- $5.00 minimum deposit
- Social Security number
- Primary Savings Account
- Must have an adult as joint on the account. Adult must present an unexpired government-issued ID as well.
- If debit card is issued, a parent-acknowledgement form is also required.
Carry your school colors!
Get your favorite high school debit card design. Now available for the following schools: Benton Central, Central Catholic, Faith Christian, Harrison, Lafayette Jeff, LaPorte, McCutcheon and West Lafayette.
DID YOU KNOW?
We are the only financial institution to have student-run branches inside two area high schools at Lafayette Jeff High School and Harrison High School.
Those students who open a new checking account are eligible to receive a branded high school t-shirt to go along with the custom high school debit card.1
Respective high school t-shirt designs must be picked up from the corresponding branch(es) designated below:
Benton Central T-Shirt: Win Hentschel Branch
Central Catholic T-Shirt: Union St. Branch
Faith Christian T-Shirt: 26 Crossings Branch
Harrison T-Shirt: Harrison Branch, Win Hentschel Branch, 26 Crossings Branch
Lafayette Jefferson T-Shirt: Lafayette Jefferson Branch, Union St. Branch
McCutcheon T-Shirt: Veterans Memorial Pkwy. Branch
West Lafayette T-Shirt: Northwestern Ave. Branch
LaPorte T-Shirt: Monroe St. Branch
$avers & $ense Club Savings
Reviews With this account, kids are invited to participate in special activities each month aimed at helping youth learn to save and spend wisely. Get exclusive high school debit card designs here.
We help children learn to LOVE to save. Use our free coin machine to empty those piggy banks!
What you need to open a youth savings account:
- Social Security Card, birth certificate or unexpired government-issued ID for minor
- $5.00 minimum deposit
- Social Security number
- Must have an adult as joint on the account. Adult must present an unexpired government-issued ID as well.
Private Student Lending
When Federal aid isn't enough, we're here to help.
Whether you're a student yourself or the parent of a student, Purdue Federal can help fill funding gaps federal financial aid can leave behind.
Reviews
A better way to pay for college.
The cost of college continues to rise, forcing many students and families to resort to higher-cost private student loans to fill funding gaps. As a not-for-profit lender, Purdue Federal has a unique ability to help members and families by offering our Student Choice private lending solution that features:
- No origination or pre-payment fees
- Lower interest rates
- Flexible repayment options
- Easy online application and approval
- Convenient line of credit structure that lets you apply once and secure financing for your entire college career*
Visit our Student Lending Center or Apply Now
This credit union is federally insured by the