Online Banking Login clearer Online Services Personal Services Business Services Lending Services Contact Main Content Kid's Rock Savings Accounts It’s never too early to learn to save! Our Kid’s Rock Savings Accounts help teach good savings habits by encouraging and rewarding kids for actively participate in saving. This account earns a higher tiered interest rate based on the balance. ELIGIBILITY REQUIREMENTS This savings account is for children and students ages 0-18 years old. Customers are limited to one account per child or student. Rock Canyon Bank will match the opening account deposit up to a maximum of $10.00. The match must be deposited into the Kids Rock savings account. One calendar year after account opening, students (preschool through 12th grade) are eligible to present report cards to the Bank and receive $1.00 for each “A” grade . “A” grades may be presented for each report card received, with a $10.00 per calendar year maximum award (“A-“ grades do not qualify). Additional report cards may be presented to the Bank each calendar year to receive $1.00 for each “A” grade ,with a $10.00 per calendar year maximum award. Report cards containing all “A” grades will receive the maximum award amount of $10.00. The amount received must be deposited directly into the student’s Kids Rock savings account. Report cards must be presented to Rock Canyon Bank within 30 days of being received by the student. Award deposits made to Kids Rock savings accounts for deposit match and “A” grades cannot be withdrawn for at least 6 months following the date of award deposit. Subsequently, if the account is closed within six (6) months of a Rock Canyon Bank award deposit for “A” grades, the award deposit will be forfeited. At the age of 18, the account type will automatically change to a regular savings account. The account will change from a blended tier rate product to a regular savings rate product that is no longer eligible for $1.00 per “A” grade award deposits. Kid’s Rock Savings Accounts have no minimum opening deposit or minimum balance requirement, and have special tiered interest rates. Learn more about the Kid’s Rock Savings Accounts by calling or stopping by your local branch today. Financial Tools Financial Calculators Use our financial calculators to help you determine your cash needs for your next purchase. ©2020 Rock Canyon Bank. All rights reserved. NMLS# 410654. Get Adobe Reader | Privacy Notice | Site Map | Search