Back to Savings

Minor Savings Account

Opening a savings account is a great way to help kids learn about money and get in the habit of setting some aside every so often. Whether your child is saving for something big like a new bike, or something bigger, like a trip to Disneyland, this account can help. To help make saving even more rewarding for young investors, there are no fees when you keep the withdrawals to fewer than six, and your child’s savings will earn interest. So get started!

Designed for kids under the age of 18, this account can be opened with as little as $0.01. There are no fees if you make 6 or fewer withdrawals per month. After that, there is a $3 service charge per withdrawal. What’s more, your child’s money will earn interest at a competitive, variable rate. The interest is calculated daily, but deposited quarterly.

Features

No Fees

When you meet the requirements

Easy

No minimum balance

Smart

Earns interest much faster than a piggy bank

Educational

Helps teach kids to save cash

Savings Calculator

All fields are required.

Please enter a value between 1 and 9,999,999.
Please enter a value between 1 and 9,999,999.
Please enter a value between 0 and 5.
Please enter a value between 1 and 99.

Results

This calculator is to be used for estimation purposes only. Years to reach saving goals are based on interest compounded monthly. We are showing you your potential account balance based on the amount invested, selected interest rate and length of time you choose to grow your savings. Since it is up to customers to correctly input rates and terms the financial institution is not responsible for its accuracy and the results are not guaranteed.

Online Chat

Chat with an online representative.

Start Chat

Contact Us

Use our secure form to contact us.

Contact Us

Branch Locator

Locate a branch near you.

Find A Branch