Kids Savings Account
A special, high-interest savings account for children/grandchildren of account holders, ages 17 and under. There's no minimum balance to get started, and no quarterly service charge, so they can sit back and watch their money grow!
The Kids Savings account offers a tiered interest rate that pays a higher rate on balances of up to $500 to give your young saver a boost to bigger savings down the road.
|Minimum to Open||N/A|
|Monthly Service Charge||N/A|
|Balance Needed to Waive Monthly Service Charge||N/A|
|Monthly Paper Statement Fee||N/A|
|Features||Tiered interest rate pays 10.00% Annual Percentage Yield (APY)1 on balances up to $500; balances over $500 pays APY of Regular Savings account—Calculated daily, paid quarterly|
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Account Balance Annual Percentage Yield (APY)¶
|$500 and under||10.00% APY|
|Over $500||.05% APY|
NOTE: We will not accept online account requests from persons under 18 years of age.
1. APY (Annual Percentage Yield) information is accurate as of October 1, 2022 and is subject to change at any time. Fees may reduce earnings. See additional terms and conditions governing deposit accounts in the Deposit Account Agreement and Schedule of Fees and Charges included in your new account materials. No minimum deposit to open; however, 10.00% APY will only apply to balances of up to $500.Apply Now
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