It is never too early to start teaching your children about fiscal responsibility. If they learn good habits early, they are likely to continue them throughout their own lives.
Teach your child the value of saving by opening a Youth Savings Account. As the custodian for the account, you’ll have access to the account and the ability to transfer money electronically from your account to theirs. Open this account for as little as $5 and earn interest quarterly.
Plus, children 12 and younger are automatically members of the Squirrels Club® when they open a Youth Savings Account. Squirrels Club is a great way to start your child on a smart path toward savings and responsibility. As a member, your child will enjoy free gifts, a special birthday present and exclusive discounts at fun events.
- For individuals under the age of 18
- $5 minimum opening balance
- No minimum balance
- No monthly maintenance charge
- Earns interest quarterly
- Three (3) withdrawals per quarter1
- Online Banking2
- Mobile Banking3 with Mobile Deposits
- Phone Banking4
At age 19, your Youth Savings Account automatically transfers to a Smart Savings Account.