Step Up Savings

According to research, low income children with just $500 in a college savings account are 3x more likely to attend college and 4x more likely to graduate! Excite will make annual deposits if you do. And we also give a little extra every few years.

A good lesson on the road to growing up

Step Up SavingsTM  is only available to families affiliated with our Community Relations Partners. Our Youth Savings account is available to the general public.

Help your kids get in the habit of saving money

Our Step Up SavingsTM account is a unique program that helps accelerate savings and make it more likely for those in our community to access higher education. We’ve designed this account to meet and match deposits over the years and celebrate the beginnings and milestones of a strong educational future for your child.

Here's how it works, Excite Credit Union will deposit:

  • $50 in the account at opening. No opening deposit is required from you.
  • $25 in the account on the child’s 5th, 10th, 15th and 18th birthdays
  • Up to $25 each year in matching deposits*
  • Dividends of 5% APY** on balances up to $2,500

Here are the deets:

Youth Savings is the perfect companion to our Youth Checking. And while you’re busy becoming a super-saver, check out Banzai!, a learning platform that will help you get smart on pretty much any money topic you can think of!



Step Up Savings is a special account open to families associated with a community relations partner.



Excite CU will deposit the initial $50 to open the account- no deposit is required from you.



No withdrawals - this account is for savings only.



Excite CU will add $25 on milestone birthdays through your 18th birthday and annual $25 deposit matches.



No membership or monthly fees to earn 5% APY**.



Enjoy online and mobile banking (eStatements required).


Excite (formerly Alliance Federal Credit Union) has a very welcoming/friendly staff always there to help make sure your transactions go smoothly & they will help you with options on how to maximize your money just ask, they’re always there to help.

~ Teresa B.

Not sure which account is best for your needs? We can help.

Contact us and we can run through your needs and the many options we have available.

Contact Us

Partnerships & Schools:

We thank the following community and school partners for stepping up for our children’s future!


Bill Wilson Center
Hispanic Foundation of Silicon Valley
Breakthrough Silicon Valley
Sunnyvale Community Services
SOMOS Mayfair
Child Advocates of Silicon Valley
Razing the Bar
Sunday Friends
Silicon Valley Education Foundation
Teen Success, Inc.
Shop with a Cop Silicon Valley
Healthier Kids Foundation
Escuela Popular
Family Supportive Housing
Parisi House On the Hill
Catholic Charities
PATH San Jose
Sacred Heart Community Services
Unity Care
Compassion Center
EAH Housing
Destination Home
Foundation for College Education
Amigos de Guadalupe
Rocketship Public Schools
KIPP Public Schools
The Foundation for Hispanic Education

Residents in these San Jose school district boundaries:
Alum Rock
Mount Pleasant
Oak Grove
East Side Union High School District
Luther Burbank School District

North Carolina

Wilmington Housing Authority
Step-Up Wilmington
YWCA - New Choices
Kids Making It
Carousel Center
Community Boys and Girls Club of Wilmington
Brigade Boys and Girls Club of Wilmington
Bobby Jean's Kids
Coastal Horizons
The Healing Place
A Safe Place
Freedom's Way Ministries

Children and Families impacted by foster care in both regions


In addition to Step Up Savings, Excite members also have access to Youth Savings, and Go Savings, our high yield savings account, as well as money market accounts and additional savings accounts.

Learn more here.

You can! You can set up the transfer online, via fax, or in person at one of our branches.

In addition to automatic transfers and making deposits via our mobile app, you can also make deposits at our cooperating ATMs.

Make your deposit on business days before 3pm, and you’ll have immediate access to the first $500 of the amount you deposited.

Your accounts are federally insured by the National Credit Union Administration (NCUA).

Join our community

Getting a membership with us isn't a transaction - it's a friendship, a partnership, a neighborhood-wide collab, a life-long pursuit of better, for you, me, us, them, and everyone else we hang out with in life.