Youth Accounts

Mid American offers accounts that help youth ages 0 thru 24 understand the value of saving and how to manage their money. Choose the account -- from savings to certificates -- that is right for your child.


Preferred Youth Savings

Children and young adults thru age 24 can take advantage of this special, no-fee savings account designed to meet their needs. ATM access is not available on this account nor can it cannot be used for Overdraft Protection. Members ages 5 to 13 will automatically be enrolled in Mid American's Young Savers Club. Club benefits include a free birthday gift, monthly prize contests with entries based on deposits and more.


FirstStep Checking

Available to members ages 13 to 15 who take a financial quiz. A parent or other joint adult owner is required on this account. No monthly fees or minimum balance, plus the added benefit of earning dividends and monthly Swipe to Win contest for VISA check card use. 

  • No minimum balance, no monthly fees
  • No annual fee VISA Check Card or MoneyNow ATM Card issued instantly when you open your account. Plus, you have the option of designing your own VISA Check Card!
  • Unlimited free ATM withdrawals (within no-surcharge ATM network)
  • Manage your account with online banking or our free mobile app
  • Free mobile check deposit
  • Free online Bill Payer
  • 24-hour MATT telephone teller
  • Automatic overdraft protection
  • Free first box of checks
  • No minimum deposit to open
  • Free 24/7 ID theft victim resolution service
  • Swipe to Win monthly program: automatic entries to win monthly prizes -- movie tickets, special attraction passes, iTunes cards and more -- every time you use your Mid American VISA check card

Take your quiz today(Opens in a new window)(Opens in a new window)(Opens in a new window)(Opens in a new window)(Opens in a new window)(Opens in a new window)(Opens in a new window), print it and bring to any Mid American branch to start your path to financial freedom.


Freedom Checking

An independent checking account available to members ages 16 thru 24 who take a financial quiz. (No parent or joint adult owner required.) No monthly fees or minimum balance, plus the added benefit of earning dividends and monthly Swipe to Win contest for VISA check card use. 

  • No minimum balance, no monthly fees
  • No annual fee VISA Check Card or MoneyNow ATM Card issued instantly when you open your account. Plus, you have the option of designing your own VISA Check Card!
  • Unlimited free ATM withdrawals (within no-surcharge ATM network)
  • Manage your account online with Desktop Banking and free mobile app
  • Free online Bill Payer
  • 24-hour MATT telephone teller
  • Automatic overdraft protection
  • Free first box of checks
  • No minimum deposit to open
  • Free 24/7 ID theft victim resolution service
  • Swipe to Win monthly program: automatic entries to win monthly prizes -- movie tickets, special attraction passes, iTunes cards and more -- every time you use your Mid American VISA check card

Take your quiz today(Opens in a new window)(Opens in a new window)(Opens in a new window)(Opens in a new window)(Opens in a new window)(Opens in a new window)(Opens in a new window), print it and bring to any Mid American branch to start your path to financial freedom.


Preferred Youth Checking

This checking account is for young members ages 16 thru 24. No monthly fees or minimum balance, plus the added benefit of earning dividends. An adult joint owner is required for the Preferred Youth Checking Account.

  • No minimum balance, no monthly fees
  • No annual fee VISA® Check Card or MoneyNow ATM Card issued instantly when you open your account. Plus, you have the option of designing your own Visa® Check Card!
  • Unlimited free ATM withdrawals (within no-surcharge ATM network)
  • Manage your account online with Desktop Banking
  • Free online Bill Payer
  • 24-hour MATT (Mid American Telephone Teller)
  • Automatic overdraft protection
  • Free first box of checks
  • No minimum deposit to open
  • Free 24/7 ID theft victim resolution service


Preferred Youth Certificate

Help a young person (thru age 24) can prepare for the future with a Preferred Youth Certificate, for just a $100 opening deposit. Then make deposits of $50 or more into the certificate at any time. This one year certificate earns the regular one year certificate rate. The Preferred Youth Certificate is not available for IRA ownership. There is a penalty for early withdrawal.


Preferred Youth VISA®

Young members can start learning how to manage credit with a Preferred Youth VISA® card. An adult co-signer sets the credit limit. The rate is 9.9%, plus there’s no annual fee. It’s an excellent way to provide budgeting flexibility for a college student.

Freedom Checking

A checking account exclusively for 16-24 year olds. Learn More.

Mobile Banking

We're there for you wherever you are, whenever you need us. Learn More.