Youth Savings

Youth Savings

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Habits start early.

Developing consistent saving habits at an early age can have a significant impact on the financial futures of our youth. Making good financial choices early in life can help individuals develop a comfortable relationship with – and automatic responses to – common banking decisions. We have programs to get young people started at any age.

Open a Youth Savings Account

Youth Savings

Our Youth Savings Account is open to children from newborns up to the age of 18. Your child will be the primary owner of their own savings account and will get practice making deposits and withdrawals. We recommend that caregivers start reviewing the account statement with their children each quarter to start deepening their understanding of money management.

Rates

Type
dividend Rate
Term
APY*
APR*
Min / Max balance
Notes
Youth Savings (0-18)
Term (Months)
Dividend Rate
0.10%
APY*
APR*
Prime + a Margin of
-
0.100%
Min/Max Balance
Notes
$5.00 Min

IRA Certificate Rates

Account Type
Rate
APY*
Minimum balance
90-Day IRA Certificate
Dividend Rate
0.50%
APY*
-
0.501%
Min/Max Balance
$500.00
6-Month IRA Certificte
Dividend Rate
1.98%
APY*
-
2.000%
Min/Max Balance
$500.00
12-Month IRA Certificate
Dividend Rate
2.47%
APY*
-
2.500%
Min/Max Balance
$500.00
13-Month IRA Certificate
Dividend Rate
4.89%
APY*
-
5.00%
Min/Max Balance
$500.00
18-Month IRA Certificate
Dividend Rate
2.75%
APY*
-
2.785%
Min/Max Balance
$500.00
24-Month IRA Certificate
Dividend Rate
2.25%
APY*
-
2.273%
Min/Max Balance
$500.00
36-Month IRA Certificate
Dividend Rate
1.50%
APY*
-
1.510%
Min/Max Balance
$500.00
48-Month IRA Certificate
Dividend Rate
1.75%
APY*
-
1.764%
Min/Max Balance
$500.00
60-Month IRA Certificate
Dividend Rate
2.00%
APY*
-
2.018%
Min/Max Balance
$500.00

*APY = Annual Percentage Yield. Rates subject to change. Click to view complete listing of rates and effective date.