Young savers don’t necessarily have to be small savers.
Opening a new savings account is such a great rite of passage for kids. They get to experience the feeling of empowerment and the responsibility of becoming trusted money managers.
That’s why we designed a special All-Star Savers account* for our members who are 5 to 13 years old. It only takes $5 to open and our young members will earn regular dividends so they can watch their money grow from here.
Once they open their account, they’ll receive periodic mailings from us offering encouragement and advice on the importance of keeping their money safe and secure. And we like to offer savings tips like putting a set amount in a piggy bank or a jar every day. It could be as little as 25 cents, which doesn't sound like much, but at the end of one year, your child will have saved almost $100. Now that's a serious deposit into their All-Star Savers account!
Next time you’re on the way to the branch, bring your kids in with you. We’d love to meet them and get them started on the path to healthy and smart financial decisions.
Not a member yet? We’ll take care of that for you as you’re opening your account or taking out a loan. If you want to get a jump-start, enroll online or just give us a call at 978.328.5100. We’ll be happy to help you build from here.
*Annual Percentage Yield listed applies to balance required for that account type. The yields quoted above are accurate as of the date indicated and are subject to change without notice. Dividends are compounded and credited monthly based on the average daily balance in the account. If average daily balance falls below the minimum for that dividend period, APY for that dividend period will be 0.00%. All other terms are subject to change without notice. Member eligibility is required.