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Get an early start
Your child can save more and earn more with a Youth Savings Account. Money from allowances, birthdays, or lemonade stands shouldn’t sit idle in your kid’s piggy bank. A Youth...
- Free coin machine access
- Higher than average dividends
- Ability to save up and purchase Kidicates
A savings account for youth ages 18 and under
Your child can save more and earn more with a Youth Savings Account. Money from allowances, birthdays, or lemonade stands shouldn’t sit idle in your kid’s piggy bank. A Youth Savings Account is a great way to teach your children the basics of saving and the power of compound interest.
More Information
We offer share memberships (savings accounts) to children as long as a parent or guardian is also on the account. Benefits include:
• Free coin machine access
• Higher than average dividends
• The ability to save up and purchase Kidicates (share certificates for children)
Note: $25 minimum savings balance required.
Why your child should start saving early
There are two reasons your child should start saving as early as they can: The first is simple math: The longer the money stays at the bank, the more it...
Why your child should start saving early
There are two reasons your child should start saving as early as they can:
The first is simple math:
The longer the money stays at the bank, the more it can grow. The head start your child gets will add up in a big way over time. We encourage you to open an account for your child and maybe even make some contributions to match theirs.
The second reason is to teach kids sound saving principles.
As they put aside some of their money each month or year, they'll form an important habit. With a savings account, they can practice budgeting or saving for a specific goal.