Kids taking notes and paying attention in class

Youth Savings Account

Build strong roots for your family while saving for the future.

Find Branch Location

White and blue birthday candles for turning 18

Your Child's Account Grows with Them

  • Earns monthly interest at a competitive rate, which is credited to the account.
  • Account type changes automatically:

    Turning 18 automatically changes your Youth Savings to SaveUp Savings

    This savings account will automatically move to a SaveUp Savings account when the primary accountholder turns 18-years-old.

  • You can open at any branch location, and the minimum amount to open is $25.

Flexible and Convenient to Manage

Keeping organized and earning more is easy with Youth Savings.

Jefferson Bank mobile app

View Online

Manage your child's savings with your other Jefferson Bank accounts! You can keep up with all your accounts in one location by logging into our award-winning Mobile App and Online Banking. 

Organize

Easily set nicknames for the account within Online Banking with the minor's name to keep your accounts organized.

Someone holding up their smartphone
illustration of a coin

Easy to Build Savings

If you have a Jefferson Bank checking account and Debit Mastercard®, you can enroll in RoundUp to automatically transfer money into a Youth Savings account anytime you use your debit card.

How to Open Youth Savings

Saving sooner will allow you to earn more. How soon can you start saving? To open Youth Savings, here are the documents and information you'll need:

  • Your picture identification, such as a driver's license or passport
  • Your Social Security Number
  • Child's name, birthdate, and Social Security Number
  • Your personal information, including address, phone number, and email address

Open a Youth Savings account at any convenient branch location, or contact us if you have any questions.

Find Branch Location

Consult your tax advisor for more information