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Kids Accounts

KID$ KA$H KLUB SAVINGS ACCOUNT

  • $10.00 minimum to open an account
  • Exclusive account to customers age 13 and under.
  • Interest: refer to our rate sheet for interest. Interest will be compounded quarterly and credited to customer’s account every quarter. If account is closed before interest is credited, accrued interest is forfeited.
  • Restricted transactions – transfers from this account to another account or to third parties by pre-authorized, automatic, or telephone transfer are limited to 6 per month. (a $1.00 charge will be assessed for each debit transaction in excess of 3 per month.)
  • Unrestricted transactions – an unlimited number of withdrawals or transfers may be made by mail or telephone (when the check is mailed to the depositor) or when made in person, by messenger or through an ATM. Also, an unlimited number of withdrawals or transfers may be made to repay loans and associated expenses at the same institution.
  • Birthday letters mailed to account holders and activities are held during the year for Kid$ Ka$h Klub members.