Youth Savings Account
It’s never too late to learn the value of saving.
Start Small, Dream Big
Our Youth Savings Account helps young people get off to a good start. The more they save, the more interest they earn.
Build Smart Money Habits Early
Help young people learn the value of saving and managing money.
Watch Their Savings Grow
Earn interest on every deposit–even the small ones.
Safe and Easy Access
A secure way for young savers to keep their money, with online access for parents.
Key Account Details:
- Age qualification: up to 17 years old (it’s never too early!)
- Minimum opening deposit: $25
- Interest is compounded daily and credited quarterly
- No minimum daily balance to obtain disclosed annual percentage yield
- No quarterly service fee
Youth Savings Rates
|
Minimum Opening Deposit |
Minimum Daily Balance to Earn APY* |
Interest Rate |
APY* |
|---|---|---|---|
|
Rates are current as of today’s date. Rates are subject to change. |
|||
|
Minimum Opening Deposit $25.00 |
Minimum Daily Balance to Earn APY* N/A |
Interest Rate 0.05% |
APY* 0.05% |
Open a Youth Savings Account
Apply online, visit your local branch, or give us a call to speak with a representative.
Disclosures
-
Interest rate and Annual Percentage Yield may change at Bank’s discretion. If you close your account before interest is credited, you will not receive the accrued interest. An early account closure fee of $50 will be charged if the account closes within 90 days of opening.