A Young Savers account is perfect for kids and teens starting a savings plan. It is ideal for minors under the age of 18.
- $50 minimum required to open ($10 min. with a family relationship)
- Quarterly Fee: No Maintenance Fee
- Transaction Limits Apply
- Up to six withdrawals (includes transfers) FREE in each quarterly statement cycle
- Additional quarterly withdrawals are $3 each
- Federal regulations limit online banking transfers between accounts, Bank by Phone, or Overdraft Sweeps to six (6) per month on savings and money market accounts.
- Interest accrues daily and is paid quarterly.