Youth Savings

Youth Savings

Open a savings account for your child or teen and get them ahead of their peers. A savings account is a great way to teach important financial lessons and watching their balances grow with competitive interest will make those lessons stick. This youth savings account is easy to maintain, so it’s a great first-time account.


Features

Savings designed for customers under 18

Interest calculated, compounded and paid quarterly

No monthly service charge until age 18

No minimum balance to keep

Free online banking

Free mobile banking

Free mobile check deposit

Free e-statement

  • Combined account statement available

Automatic transfers available

Low $10 minimum deposit required to open


UTMA SAVINGS

Start setting aside funds now for your children or grandchildren with an UTMA (Uniform Transfers To Minors Act) Savings account. You manage the account until the their 21st birthday. It is a proactive way to save for future educational costs, a car, or anything else your kids may need later on in life.

Features

Competitive interest rate

No monthly service charge until age 18

Unlimited deposits

No minimum balance to keep

Account controlled by custodian

Anyone can make deposits, but only the custodian can withdraw

Control reverts to minor on 21st birthday

Interest calculated, compounded and paid quarterly


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