An Account Built to Help Children and Teens Save for Their Futures

Designed for children and teens ages 0-17, this account makes saving fun and rewarding with no monthly maintenance fees and earned interest. Transfers from your online and mobile banking also make it easy for you or your child to contribute to this savings account.

Teenager with hijab driving a car.

Young Peoples Savings Account Features

No minimum balance
to earn interest

Easy transfers via mobile or online banking1 from your own Peoples Bank® account

No fee for quarterly paper
statement or eStatement

Money protection
(only you can withdraw)

Their money FDIC
insured up to $250,000

Young Peoples Savings Account Details

Must be 0-17 at account opening and required to have a parent/guardian as a custodian on the account.

Contact your local banker for the current Annual Percentage Yield.2

Avoid a $10 monthly fee by having 6 or fewer debit transactions per month.

Enroll in eStatements to have your monthly account statement delivered directly to your online banking profile.

Learn more about Going Paperless for your account statements.

1There is no cost to download the Peoples Bank® Mobile app, but standard rates and fees may apply from your wireless carrier.
2Rate may change after the account is opened.
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