Youth Savings Account
Saving starts early.
Ideal for ages 17 and younger.
Enroll your child in a Youth Savings account, so you can save money for their future and teach them how to save successfully.
Account Features
- No Monthly Maintenance Fee
- Interest-Bearing
- Online Banking
Learn about our Spirit Checking account for ages 8-17.
Youth Savings requires a $25 minimum opening deposit.For Minors through the age of 17 years old. Co-ownership of a family member over the age of 18 is required at the time of account opening. Account must be opened without right of survivorship and no payable on death beneficiary. At the age of 18 the account will convert to a Regular Savings Account. At that time you will have the option to add right of survivorship or designate a payable on death beneficiary.
Withdrawals or transfers from a Savings Account are limited to two per month without a charge. Additional withdrawals will be charged an Excess Debit Fee of $2. Interest is paid on the Daily Ledger Balance. At the age of 18, Youth Savings will convert to a Personal Savings.
