Children under 18 earn competitive interest on every dollar deposited and only have to maintain a low $25 minimum balance to avoid the $2 monthly service fee. Most importantly, valuable money management skills learned will benefit them throughout their entire life.
- Available to children and students under the age of 18*
- Competitive interest on entire balance
- Avoid the $2 monthly service fee by maintaining a $25 minimum average daily balance
- 6 free withdrawals per month; $1 per withdrawal in excess thereafter
- Helps develop strong saving habits from an early age
- Free online banking
- Free eStatements
- Free mobile banking with mobile deposit
- $25 minimum deposit to open
*Parent, grandparent, or legal guardian must jointly be on the account and must have an account relationship with Southern Bank.