New Wave Savers Account

New Horizons Credit Union offers young members, between the ages of birth-19 a youth club account called New Wave Savers. This youth account offers a first step towards teaching financial responsibility and independence! 

With a New Wave Savers account, our youth members will be able to open a Savings account; and also a Free Checking account if they are at least 16 years of age, and have a parent joint on the Checking account. The New Wave Savers account is designed to familiarize youth with the differences between a credit union and a bank along with the benefits of saving. It was created to teach young members about the financial issues they currently face or will be facing in the future and the importance of establishing good savings and spending habits that will eventually help build good credit.

New Wave Savers Receive
  • New account opening gift
  • Birthday card to redeem for a prize
  • New Wave prizes available as deposits are made
  • Opportunity to win prizes for good grades
  • Invitations to participate in special New Wave contests and promotions
  • Free Checking account with your first set of New Wave checks to get you started free. (Must be at least 16 years of age, with a parent on the account and valid photo ID and social security card.) 
  • Free Debit Card with Free Checking account (subject to same conditions and restrictions as above.)
  • Free Online & Mobile Banking
  • Opportunity to apply for a $1000 College Scholarship (graduating high school seniors)
  • Get rewarded for good grades - Good Grade Rewards Program
  • And we’re thinking of more every day!

Biz Kid$ Financial Education

Free Resource for Students, Parents & Teachers.

Biz Kid$ Makes Financial Education Engaging & Meaningful

Biz Kid$ is a financial literacy initiative based on an award winning television series about kids, business, careers, entrepreneurship, and money. Each Biz Kid$ episode shows kids how to make and manage money by introducing concepts of financial literacy.  Parents, youths, and teachers can use the resources and videos on various topics appealing to various age levels - best of all it is all available to you at no cost through New Horizons Credit Union.

Biz Kid$ is known for creating and producing Bill Nye the Science Guy, which was a popular science series in the 1990s.

New Horizons is proud to offer this program for financial educational use and more at no additional cost . Check out Biz Kid$ today!

2022 Scholarship Program Application to Open This Fall

 New Horizons Credit Union offers financial solutions for your Real World through many programs such as our Annual College Scholarship opportunity.  This scholarship program has been going strong for over 18 years with over $65,000 in scholarships awarded to help New Horizons youth members pursue post-secondary education.  Since we are a not-for-profit financial cooperative, committed to the credit union industry philosophy of "People Helping People," scholarships will be awarded based on a student's academic performance, as well as, community involvement. Our Scholarship Applications for graduating high school seniors who are members of the Credit Union will be available each fall for the following spring graduates. New Horizons Credit Union awards up to five, $1,000 scholarships annually.  

This fall look here for the 2022 NHCU Scholarship Application link. In the meantime, keep up the good grades, extra curriculum activity, and community service. 


  • Age: Birth - 18 Years (Must be under 19 years old.) 
  • Minimum Balance/Opening Amount: $25 (The youth's social security number is required to open the account.)
  • Monthly Service Charge: None
  • Dividends are earned on the account and are compounded and paid monthly based on the average daily balance. The dividend rate and Annual Percentage Yield may change every dividend period as determined by the Board of Directors. If your account is closed before dividends are paid, you will not receive the accrued dividends. To avoid a loss of dividends, please keep your account open with the minimum balance until the first business day of the following month.
  • All minors will need to be accompanied by a parent or legal guardian when opening an account, unless the minor is of age to present a valid state issued Identification such as a driver's license and has a social security card.  Visit any New Horizons Credit Union branch to learn more about membership.
  • To open a New Wave Savers account, visit one of our convenient locations .

Parents:  Sign up for Automatic Transfers to electronically transfer funds into your children’s accounts to help their savings grow. Ask any New Horizons Credit Union representative for details.

Statements are issued quarterly by mail or E-Statements, and accounts with active checking accounts may receive monthly statements by mail or E-Statement.