Let kids be kids, but give them a head start on grownup security. Open our Kids Time Deposit Account in a child or grandchild's name with any amount. The full balance earns investment-level interest.
More deposits can be made at any time, but funds are not available for withdrawal until the child's 18th birthday. Open an account today; from infant to toddler to teen, it makes a meaningful birthday gift.
- Available to young savers up to 18 years old
- Competitive interest on entire balance
- Minimum interest rate of 3.50% APY*
- Interest compounds annually at child's birthday
- No monthly service charge
- No minimum balance requirements
- Account is in the child's name
- Deposits can be made at any time
- Maximum of $10,000 in total deposits annually
- Account matures on child's 18th birthday
- Withdrawals are not permitted prior to maturity
- Free online banking
- Free mobile banking
- Free eStatements
- Free MoneyDesktop & MoneyMobile
- $10 minimum deposit to open
Fun Financial Lessons
Yes, it's possible. Help your child learn about money with online games and real rewards. Take a trip to MoneyIsland!