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Savings Prizes for Youth Members

Where Every Deposit Is A High-Five Moment

At First Source, we understand the importance of teaching children about responsible money management starting when they’re young. Our Savings Prizes program is designed to help parents instill valuable good saving habits in their children while making it fun and rewarding!

Father And Son Playing Soccer In Park Together

Kids aged 0-12 earn Penny Passport Stamps as they make deposits into their account which they can accumulate and turn in for prizes. They also earn dividends so they can watch their money grow.

As your child matures, our Penny University Program for 13 - 17 year olds encourages them to learn smart money management. They can earn a quarterly prize for completing online learing modules here.

Current Penny Passport Savings Prizes
2 Week Class Side Kicks Karate (Rome & Whitesboro) (2) Stamps
Water Bottle (2) Stamps
2 hours of play at Mia’s Place (3 Stamps)
$5 Treehouse Reading & Art Center Gift Certificate (3) Stamps
Coupon for 1 Slice and a 12 oz. Fountain Soda at Vinny's Pizza (Herkimer) (4) Stamps
1 Utica Zoo Day Pass (4) Stamps
$5 Nicky Doodles Gift Card (5) Stamps
$5 Gift Card Good For: Kookie's Q, Babe's, Aquavino, Tailor & The Cook, Comets Team Store, ADK Bank Center Concessions, 72 Tavern & Grill (5) Stamps
$5 Marquee Cinemas Gift Card (7) Stamps
$10 PINZ Arcade Play Card (8) Stamps
2 Games/Shoes King Pin Lanes (8) Stamps
Plush Penny (8) Stamps
Current Penny University Prize
$25 Barnes & Noble eGift Card

1 Passport Stamp earned for every $5 deposited. Limit of 5 Stamps given per account/per day.
1 Youth Savings Prize redeemed per account/per day.

Live Smarter

If you have any questions about the Savings Prizes program or opening a Youth Savings account for your child, we’re here to help. Call 315-735-8571 to discuss any questions you may have or make an appointment with one of our friendly and knowledgeable representatives today.

Interested In Learning More?

To see what other tools and services we have available for our young Members, visit our Youth Accounts overview page.

Let’s Get Started

Make an appointment with one of our friendly Member service representatives today.

Make an Appointment

Want your savings to work harder?

Check today’s share certificate rates effective January 12, 2025

Term Dividend Rate APY*
12 Months
$500.00 minimum balance to earn dividends		 3.93% 4.00%
24 Months
$500.00 minimum balance to earn dividends		 3.45% 3.50%
6 Months
$500.00 minimum balance to earn dividends		 4.41% 4.50%

Share rates and yields are subject to change without notice. Early withdrawal penalties may apply. Fees may reduce earnings.
*APY – Annual percentage yield

What's New

45 Smiles, 17 Families: The True Spirit of the Season
First Source Sponsors Utica Police Therapy Dog: Introducing “Penny”
First Source Announces John Calabrese As Next President/CEO

We do not knowingly market to or solicit information from children under 13 without parental consent. We recognize that protecting children's identities and privacy online is important, and that the responsibility to do so rests with both the online industry and with parents. While First Source works to protect your personal information, you also have a responsibility.

Internet safety for children - The Internet is a public network. Children's access to the Internet can allow them to visit inappropriate websites and be exposed to unwanted risks. COPPA, the Children's Online Privacy Protection Act, protects children under the age of 13 from the online collection of personal information. Learn more about COPPA on the Federal Trade Commission's website. Parents can be proactive by installing filtering software that gives them more control over their family's Internet experience.

We recommend that minors ask their parents for permission before sending any information about themselves to anyone over the Internet.