It's a special savings club just for kids, with no minimum balance required. There are no monthly maintenance fees or transaction activity fees. Stop by any of our 6 locations for an application. You will receive a monthly statement. No minimum required to open.
Interest is compounded and paid monthly.
All accrued, unpaid interest will be paid to you at account closing. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the available collected balance in the account each day. The interest rate is variable and subject to change at the bank's discretion reflecting current market conditions. The annual percentage yield may vary due to interest rate changes and fees.