Personal Banking

Youth Account (Red Apple Club)

There’s no such thing as
saving too early.

Red Apple Club is a fun way to teach your kids the importance of saving. Club members 12 and under receive a free savings account that earns them interest, a gift at account opening, and semi-annual newsletters and coloring contests to keep them engaged. Help us make the next generation into active savers.

Features

  • $10 minimum deposit to open
  • $2.00 transaction fee* per debit over 6 per month
  • Interest** compounded and credited quarterly (see your rates here)
  • No monthly maintenance service charge
  • Open to customers age 12 and under
  • Semi-annual newsletter and engaging coloring contests
  • Earn interest on entire balance
  • Free gift at account opening

* Transaction limitations – Transfers or withdrawals from a Savings Account, Money Market Account, or Red Apple Club to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle. If these limits are exceeded, this account may be converted to a checking account or your ability to initiate transfers, withdrawals, or checks to third parties may be restricted.

** Variable interest rate which may be changed at any time.

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