If they learn good habits early, they are likely to continue them throughout their own lives.
At South State, we think it’s important to educate today’s youth on the value of basic money management and saving. The Squirrels Club is designed to help children learn to save and make it fun. Children under the age of 12 with a South State Youth Savings Account are automatically enrolled in the Squirrels Club.
Squirrels Club membership includes:
This valuable program provides free savings education and hands-on banking experience to students throughout the communities we serve. Students can make deposits into their Youth Savings Account1 once a month at school and watch their savings grow throughout the year.
We also assist our school partners by contributing time and resources to local reading programs, career days, school festivals and teacher appreciation days.
Being actively involved in the schools and communities where we serve is the South State Way.
1. No maintenance fee. $1 per debit charge if over the limit of 3 per quarter.
Important Notice: Federal regulation requires banks to limit the way withdrawals and transfers can be made from savings and money market accounts. During any calendar month, you may not make more than six (6) withdrawals or transfers (or a combination of such transfers and withdrawals) from a savings account or money market to another bank account of yours or to a third party if made by (i) preauthorized or automatic transfer (including ACH), (ii) telephone, fax, or email through a bank representative, (iii) check, draft, debit card, or similar order to a third party, (iv) telephone banking, online banking, or online bill payment, or (v) overdraft transfers. The monthly limit is based on when the transaction is processed, not when the check or item was written or authorized. If you exceed six (6) monthly withdrawals/transfers on more than an occasional basis, we may revoke your privileges on that account or we may convert your savings account or money market account to an eligible account allowing unlimited transactions. Deposits, transfers and withdrawals made in person at a branch or ATM, and automatic transfers to repay your South State Bank loan do not count toward the six (6) per month limit.