Youth Savings Accounts

It’s never too early to set your child up for financial — and academic — success. These accounts are step one.

Key Features

Competitive Interest

Digital Banking*

No Minimum Balance Requirements

Honors Program Savings

Stellar school performance deserves to be rewarded. To open an Honors Savings Account, bring in your child’s report card and identification, open the account, and then come back each grading period with the next batch of “A’s” to earn their reward.

Earn interest on entire balance¹
For each “A” on a report card, you receive $1.00 (up to a maximum $7.00 per grading period, eligible for academic A’s only)
Offered to grades K-12
No minimum balance requirement
Deposits may be made into this account
Free digital banking services², including:
- Free online banking
- Free mobile banking
- Free eStatements

¹ All accounts must have a parent a parent or legal guardian. All money earned must remain on deposit until graduation or 18 years of age.

² OD and Returned Item Fees apply to overdrafts and returned items created by check, in person withdrawal, ATM withdrawal, or electronic means. Transactions may not be processed in the order in which they occur. The order in which the transactions are received by the bank may affect the total amount of overdraft fees incurred on your account. The bank offers customers the free service of preauthorizing the bank to transfer funds from a checking account, NOW account, Super Now, Insured Money Market account, or line of credit to clear their overdraft accounts. This will be done by contacting our Bookkeeping Department.

Cash the Clown Savings

Earn interest on entire balance¹
Available to minors up to age 13
No minimum balance requirement
No monthly service fee
6 free withdrawals per month; $2 fee for withdrawals in excess thereafter²
Free digital banking services³, including:
- Free online banking
- Free mobile banking
- Free eStatements
$15 minimum deposit to open

¹ This Account is interest bearing. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account weekly. Interest begins to accrue on the business day you deposit noncash items (for example, checks. Interest will be compounded semi-annually and will be credited to the account semi-annually. If the account is closed before interest is credited, you will not receive the accrued interest. We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day.

² You may make (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

³ OD and Returned Item Fees apply to overdrafts and returned items created by check, in person withdrawal, ATM withdrawal, or electronic means. Transactions may not be processed in the order in which they occur. The order in which the transactions are received by the bank may affect the total amount of overdraft fees incurred on your account. The bank offers customers the free service of preauthorizing the bank to transfer funds from a checking account, NOW account, Super Now, Insured Money Market account, or line of credit to clear their overdraft accounts. This will be done by contacting our Bookkeeping Department.