YOUTH SAVINGS

Once you've outgrown your piggy bank, it's time to start saving for real. With a Youth Savings account from Consumers National Bank, kids can start practicing the good savings habits their parents have taught them. There's no monthly fee and as little as one dollar gets you started, so there's no reason not to open one now!

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YOUTH SAVINGS
Summary
  • Available to customers under 18
  • Competitive interest rate
  • No minimum balance
  • No monthly fee
  • Free Internet Connect Online Banking
  • Combined account statement
  • Unlimited teller transactions
  • Automatic transfers available
  • Set up automatic loan/safe deposit payments
  • Ready access to funds when needed
  • Interest calculated daily, compounded and paid quarterly
  • FDIC insured
  • $1 deposit to open

Take a look at our current rates.

UTMA Savings

Start setting aside funds now for your children or grandchildren with an UTMA (Uniform Transfers To Minors Act) Savings account. You manage the account until the their 21st birthday. It's a smart way to save for future educational costs, a car, or anything else your kids may need later on in life.

  • Competitive interest rate
  • No monthly fee
  • Unlimited deposits
  • Account controlled by custodian
  • Anyone can make deposits, but only the custodian can withdraw
  • Control reverts to minor on 21st birthday
  • Interest calculated daily, compounded and paid quarterly
  • FDIC insured