Tiered interest to maximize earnings potential. Tiered interest to maximize earnings potential. Transfers and withdrawals made in person, by mail or by ATM are unlimited. Youth A statement savings account that pays a competitive rate of interest. Interest is compounded and paid quarterly.
Interest is paid on all balances.
The account is open to anyone 12 or younger. This savings program systematically increases your account balances throughout the year. No checks will be issued, you are able to withdrawal at any time within the limitations of the account. This account allows for four free withdrawals throughout the year with a statement cycle ending on the third Friday in October each year. Contact your local banking office for complete account disclosures.