Minor Savings Account

Saving is a matter of habit, and it’s best picked up early. Start your youngster off right — teach them the basics with this youth account.

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Key Features

  • Competitive Interest
  • No Minimum Balance Requirements
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  • Available for children under the age of 18.
  • Competitive interest on entire balance1
  • No monthly service fee
  • No minimum balance requirements
  • Establishes the importance and know-how of saving money from an early age
  • The first two in person transfers from this account to another account in the bank or cash withdrawals are free. There is a $5 excessive withdrawal (W/D) service charge for each withdrawal over two per month.
  • The first six transfers to another account or to third parties by preauthorized, automatic, telephone, computer, mobile device or by check, draft, debit card or similar order are free. There will be a $5 Excess MMD transaction charge for each debit exceeding six during the month.
  • Free digital banking services, including:
    • Free online banking
    • Free eStatements
  • $50 minimum deposit to open
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1We use the daily balance method to calculate the interest on your account. We may change the interest rate on your account at any time. Fees may reduce earnings.

A $10 account service fee may be charged for accounts closed within 6 months of the opening date.