The Young Saver Account is “Just Right”
Start your child on the right financial foot by teaching the habit of saving early! This account is designed for children up to the age of 17.
Outstanding Features of the Young Saver Account are:
- Prize drawings quarterly
- $5 minimum deposit to open
- No minimum balance requirements or monthly service fee
- Must have $5 minimum balance to earn APY
- Competitive Rates and Fees
- 24-Hour Online Banking, Mobile Banking*, Tablet and Telephone Banking access
- Immediate access to cash or with online (real time) balances**
*Your mobile carrier may charge for Internet access and/or text messages. Message and data rates may apply.
**Not in person withdrawal transactions are limited to six (6) per statement cycle. If there are more than 6 withdrawals made, a $5 “Excessive Transaction Fee” per withdrawal will be applied to your account.
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Young People Need Great Savings, Too!
When you are a young person every dollar looks big, so whether it is change from the store, saving up birthday or holiday money, or even something for a special gift or occasion, empower the young people in your life to save with a Young Saver Account at Reliance Bank. The Young Saver Account lets children ages 17 and younger have the opportunity to dream big and gives them a head start on saving.
Young Saver Account – A Wonderful Beginning
Getting the young people in your life a Young Saver Account can be a wonderful beginning into the world of banking and finance. Teaching the role saving has throughout our lives is encouraged by mentors across the lifespan, from parents and grandparents, to teachers, employers, and more. Reliance Bank makes it easy for young people to join in saving for their future, whatever it happens to be!