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Kids Savings Accounts
It’s a classic win-win: You watch your kids grow. They watch their money grow.
Kids Savings Accounts are set up for parents and other custodians to help their child save while limiting their access. Only adults who are designated as account custodians can make withdrawals and deposits– or even close the account. You can choose to open a regular savings account, money market savings account or savings certificate for a minor.
Features & Benefits
- Name one minor and up to two custodians on an account
- Give account control when the child turns either age 18 or 21
- Save for long-term goals, like college or other education
- Manage account via online banking or by telephone
- Encourage family and friends to make monetary gifts to minors
- Set up automatic deposits
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Savings Resources
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Savings FAQs
Frequently asked questions about savings.