Get your kids started on the road to savings and money management 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 02/21/2025. 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.