Young Savers Account
Ideal for minors under the age of 18.
Minimum to Open
$50.00 Minimum Required to Open
($10.00 Min. with a family relationship)
Quarterly Fee
No Maintenance Fee
Transaction Limits Apply
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Interest Rate
Set Periodically
* Savings accounts are allowed six (6) “In Person” withdrawals per quarter at no charge. Each additional withdrawal per quarter is $3.00 each.
*Unlimited ATM withdrawals. ATM access is available by linking your savings account to the Austin Bank Check and ATM card for your checking account. Austin Bank Check and ATM cards cannot be issued to customers who have only a Savings Account.
* Federal regulations limit online banking transfers between accounts/Bank by Phone Transfers/Overdraft Sweeps to six (6) per month. Only three (3) may be to a third party.
* Interest accrues daily and is paid quarterly.
| For more Young Savers money tips, helpful hints, and information check out the Teach Children to Save website. |  |