It's never too early to start your savings journey. Get started on the road to savings with helpful financial education resources. We make it easy and enjoyable for kids to learn about money, and kids can put those lessons into practice with this special savings account.
- Open an account for kids under 18 years of age (account switches to Statement Savings on 18th birthday).
- Deposit $5 into the account to start.
- Earn with competitive interest rates on all account balances.*
- No monthly maintenance fee.
- Receive a free First Bank piggy bank from a Missouri, Illinois, or California branch location.
*An interest rate of 4.50% will be paid on the portion of the account balance up to $500.00 (the APY for this tier will be 4.59%); and the portion of the account balance that is $500.01 or more will be paid at a lower interest rate of 0.01% (the APY for this tier will range from 4.59% to 0.01%, depending on the balance in the account). Interest Rates and Annual Percentage Yields (APYs) are accurate as of 12/14/2024. This is a variable-rate account, and the interest rates may change after the account is opened. Fees may reduce earnings. Limit one Kids Cash Savings account per person.