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Membership in Northrop Grumman Federal Credit Union means co-ownership in one of the strongest credit unions in the country.


A great way to develop a savings habit early on is to move a child's savings to a special NGFCU™ Youth Account. Just as with any other Credit Union account the savings are insured and they have the added benefit of paying dividends. It allows your young one to have a dividend-bearing savings account and start receiving the benefits and value of Credit Union membership at an early age. The Youth Account is available to anyone with a social security number under the age of 18 who is otherwise eligible for membership and is able to sign his or her name. Youth accounts held by a primary accountholder under the age of 18 requires an adult joint accountholder.

UTMA Account

A custodial account called an UTMA may also be established for children from birth with a social security number. These accounts offer some tax advantages.


An NGFCU™ Youth Account offers a young person a variety of benefits:

  • Your accumulated funds on deposit in the Credit Union are federally insured to at least $250,000 by the NCUA
  • Pays dividends
  • If established as an UTMA account, it could offer some tax advantages.
  • Quarterly statements by mail and online (Monthly statements if there is a transaction on a savings account or there is an active share draft (checking) account.)
  • When the parent or guardian is a joint owner, an ATM card (when only a regular share account is open) or, additionally, when the primary owner is at least 13 years of age, a share draft (checking) account with a debit card may be available.
  • Allows unlimited free over-the-counter withdrawals per month per suffix when total shares are $1,000 or more. (When this minimum requirement is not met, 5 free over-the-counter withdrawals per month per suffix.) See Schedule of Fees.
  • No maintenance fee
  • If you are using a screen reader and need assistance using this website, please call 800-633-2848.

Mailing Address
Box Number 47009
Gardena, CA 90247-6809
Call Center
Monday - Friday
Available 24/7

If you are using a screen reader and are having problems using this website, please call 800-633-2848 for assistance.
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