First Step Savings
This account gives kids the chance to learn responsibility by managing their own account with help from a guardian.
- Guardian must be co-owner, maximum owner age of 17
- $25 minimum deposit to open account
- Interest is compounded daily and credited to your account monthly
- No monthly maintenance fee
- Four total withdrawals or debit transactions allowed per month; additional debits are $1 each, regardless of balance*
* If you continuously exceed six preauthorized transfers per month, we are required to reclassify the account under Regulation D.