Learn How to Manage Money Young

Youth Accounts

Learning to manage finances well begins at a young age and does not happen overnight. Give your children a head-start by opening them a youth account.

Benefits of a Youth Savings Account

A Youth Savings Account is a great way to start learning how to manage a bank account. With this type of account, your child can deposit any gift, birthday, or holiday money they receive. They can deposit any savings they have from their allowances or odd jobs they may work. As the parent, you have full access to their account. You can check their balance using Online/Mobile Banking and you can transfer money from your account to theirs!

Benefits of a Youth Checking Account

A Youth Checking Account is a great way to learn money management. If your child is old enough to have a part time job, they can have direct deposit go directly into their checking account or they can deposit their paychecks into their account. Your child can start to learn how to not overspend their money and even how to budget! You can easily transfer money from your account to theirs if they need any extra cash. You can check their balance and how they are spending their money. Your child’s Youth Checking Account is also fee free.

How to Open a Youth Account

Head in to your local branch to open a Youth Account. Be sure to bring your child or teenager’s personal information and $25 for the initial deposit, as well as all your personal information. Each Youth Account requires a qualified adult as a joint owner. Give us a call or stop by with any questions.