Open a KID$ Account

Keep Investing Dollars Savings Program - KID$

KID$ logo

At First New York Federal Credit Union, we understand the important role a solid financial education plays in the development of children. We believe that offering a School Savings program is an excellent way to teach students financial literacy skills at an early age. Children who learn to save today will be more likely to make wise savings and investment decisions in the future.

With our KID$ Program - Keep Investing Dollars $avings Program, you can share the benefits of saving with your children.

Open a First New York membership for your child, with a minimum deposit of $1.00*.

Our KID$ Program was designed to encourage savings, and KID$ members are rewarded for saving with prizes! 
Deposits are tracked on a KID$ punch card. The card will be punched at the branch after every deposit (limit one punch per visit). 

  • Every 5th deposit earns a prize from the Treasure Chest
  • Every 15th deposit earns a Grand Prize (limit 2 per quarter)
  • Report Card Reward - Youth members in grades K-12 can earn $5 every quarter when they present their report card at a First New York branch within 30 days from the date the report card was issued (up to $20* per year).

First New York will deposit up to $4.00 to bring the account balance to $5.00.  Funds will be reported as dividends.

It’s Never too Early to Start Saving!

It’s easy to open your child’s account at First New York Federal Credit Union.

Here are four ways to apply:

  1. Online - Click here to apply online.
  2. In Person - Visit any First New York branch.
  3. Contact Us - E-mail marketing@firstnewyork.org or call (518) 393-1326 ext 1803 and request an application.
  4. In School Program - Bring completed application in to participating schools.Print out a KID$ Program Application