It’s Never Too Early to Start Saving
Set your child up for a healthy financial future with our Minor Savings Account. With a minimum opening amount of just $50 and no monthly fees, it’s the perfect way to start building a secure financial foundation.
No Monthly Fees
Enjoy zero monthly service charges, keeping your child’s savings growing.
Interest Earnings
Earn interest on the daily collected balance, credited quarterly.
Comprehensive Services:
Access to digital banking, e-statements, and more to manage savings easily.
Account Details
| Account Feature | Details |
|---|---|
| Opening Amount | $50 |
| Monthly Fee | $0 |
| Eligibility | Minors under 19 years old 1 |
| Interest Paid | Accrued daily, credited quarterly 2 |
- Minors under the age of 19 may be eligible for this account and can start earning interest.
- Interest accrues on the daily collected balance and is credited quarterly. The interest rate is variable and is subject to change daily without notice. See a customer service representative for current interest rates.
Enjoy These Services with Every Account
Credit Monitoring
Monitor your credit with our credit monitoring tool with CB2GO.
Digital Banking
Bank anywhere, anytime with Community Bank’s secure, simple, CB2GO digital banking.
E-Statements
Go green and stay organized with our paperless e-statements, delivered directly to your email.
Apply for a Minor Savings Account Today
- Have These Ready
- Your child’s identification
- Fill Out Application Online or In Person
- Follow the simple steps online or visit us in person to complete your application.
- Fund Your Account
- Choose how to fund your opening deposit using a check, cash, or an internal transfer.
Frequently Asked Questions
Minors under the age of 19 may be eligible for this account and can start earning interest.
Interest accrues on the daily collected balance and is credited quarterly.
There’s no monthly service fee on the account.
Yes, you can use digital banking.
Just the minor’s ID and a $50 deposit.
No, there’s no minimum balance required.
Helpful Tools
Banking designed with you in mind
Experience the ease of Community Bank’s customer-first services.
CB2GO
Bank anywhere, anytime with Community Bank’s secure, simple, CB2GO digital banking.
Office Locator
Conveniently find your nearest Community Bank office or ATM and stay connected to your money wherever you are.
Account Match Tool
Let us guide you to your ideal account with our personalized checking account match tool.
Online Account Opening
Set up your new account in just a few clicks. Complete your banking needs from anywhere, at any time.