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Accounts for Kids & Teens

Help the young ones in your life learn and practice financial responsibility with NCPAFCU’s kids- and teens-focused programs.

Reminder: The $18.00 annual premium for members who purchased the $9,000 supplemental FAT CAT® and Zard® group life insurance coverage will be withdrawn on May 1, 2026.  Please contact your local branch by April 23, 2026 if any changes are needed.

Accounts for every age & stage

Our FAT CAT and Zard programs empower kids and teens with products and services designed to help them develop life-long money management skills. Learn to save, spend, and earn with accounts tailored to young members. Account holders are also eligible to receive $1,000 of Group Term Life Insurance at no cost.1

FAT CAT (ages 0-12)

This program enables young members to open their first Share (savings) Account.2 They can save and watch their money grow, and it comes with other fun perks. 

Additional account information:

Open account

Zard (ages 13-19)

This program puts teens in the driver’s seat with dividend-earning Share (savings) and Checking Accounts.4

Share Account information:


Checking Account information:

Open account

Disclosures

Teenage boy smiling

Group Term Life Insurance for kids & teens

FAT CAT and Zard account holders receive $1,000 of Group Term Life Insurance at no cost.1 Coverage can be increased to $10,000 for $18 per year by a parent or legal guardian on the child’s behalf. This additional coverage must be purchased within 30 days of account opening.

Learn more

  1. FAT CAT and Zard Group Term Life Insurance is provided by SECU Life Insurance Company. SECU Life Insurance Company is a wholly-owned subsidiary of State Employees’ Credit Union. Life insurance is not guaranteed by, or an obligation of, any credit union and is not insured by NCUA. Insurance representatives are licensed to sell in North Carolina only.
  2. FAT CAT Share (savings) Accounts can be opened at a branch for young members who are eligible for membership and must be joint with a parent, grandparent, or other responsible adult who is an existing member with a regular Share Account.
  3. Withdrawals are allowed when the balance exceeds $25.
  4. Zard Accounts can be opened at a branch for teen members who are eligible for membership. The Zard Checking Account must be joint with either a parent, grandparent, or other responsible adult if teen is under age 18.
  5. A $1 fee is assessed if the account balance is below $25 on the statement cut-off date.
  6. No minimum balance is required to open a Zard Checking Account or earn the stated dividend rate. Once the account is open, sufficient funds must be maintained to cover the $1 monthly maintenance fee and other authorized fees and charges (e.g., debits, checks ordered, etc.).