Teaching kids about saving money early can set them up for financial success. A Minor Savings Account helps them build good money habits while earning interest—something a piggy bank just can’t do!
For Kids & Teens Age 18 and Under
It’s never too soon to start saving. With just a $5 minimum deposit, your child can open an account and start earning interest—with no monthly service charges.
Encouraging Smart Saving Habits
- Up to two withdrawals per quarter at no charge ($3 fee for each additional withdrawal), helping them learn to save.
- Online and mobile banking so they can track their savings over time.
- Earns interest to show them how money grows over time.
Help Your Child Build a Strong Financial Future
When you feel your child is ready for their first savings account, stop by one of our branches to open a Minor Savings Account today!
Frequently Asked Questions
Open a Minor Savings Account today—help your child start saving for tomorrow!
Does my child get a debit card with this account?
No, a Minor Savings Account does not come with a debit card, as it is designed for saving rather than spending.
Can I set up automatic transfers into my child's account?
Yes! Parents can set up automatic transfers from their own accounts to help their children save regularly.
What happens when my child turns 18?
Once they turn 18, the account can be converted to a regular savings account to continue growing their savings.
Want to See How Savings Can Grow?
Explore our financial calculators to plan for the future.