Skip to Main Content


Young Peoples Savings Account

Young Peoples Bank Savings Account

Whether you are teaching about setting goals or want to save for college, a Young Peoples Savings account is a great starter account. Transfers from online and mobile banking also make it easy for you or your child to make contributions to this savings account.

Young People Savings Account Benefits

✔No minimum deposit requirement

✔Earned interest

✔Money protection (only you can withdraw)

✔Easy transfers via mobile or online banking1

✔No monthly maintenance charges

✔Your money FDIC Insured up to $250,000

✔No fee for quarterly paper statement or eStatement

What You Need to Know

• Must be 0-17 years old

• Must be opened as a custodial account

OPEN AN ACCOUNT AT A LOCAL BRANCH

• Contact your local banker for the current Annual Percentage Yield2

• Please provide your name, current residential address (P.O. boxes are only permitted for correspondence, not account opening), SSN or TIN, date of birth and a valid, government-issued ID at the time of account opening

• Students ages 0-17 are required to have a parent/guardian as a custodial owner on the account, and the parent/guardian must be present at the time of account opening

Interested in a Savings Account?

Complete the form below and a Peoples bank associate will reach out to you!

Peoples Bank: America's Best Banks 2023, Top Workplaces 2023 USA and American Banker 2023 Best Banks to Work For Awards, America's Best Regional Banks 2024 by Newsweek

¹A total of 6 monthly ATM transactions are included. A $10.00 fee will be charged if the number of transactions exceeds 6 in a monthly cycle. There 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.









Copied!
^TOP
close
ModalContent
loading gif