A child savings account is a great idea for anyone with children or grandchildren under the age of 18. It teaches responsibility and financial management while saving money. Plus, it builds more interest than that porcelain piggy bank on the shelf.
If you are looking to open a child savings account in Virginia, First Bank has eight locations where you can do so in Abingdon, Blacksburg, Christiansburg, Dublin, Max Meadows, Radford, Salem and Wytheville.
Youngsters under the age of 18 with just $10 in their pocket can open a MyFirst Savings account, First Banks child savings account.
Our Child Savings Account Includes Kid-Friendly Features Such As:
- No minimum balance. Open the account with just a $10 deposit and theres no minimum balance from there.
- No monthly maintenance fees
- Interest-earning on any balance.
- Two free withdrawals per month.
- Free online and mobile banking. Gain access to the account 24 hours a day from a computer, tablet or phone.
- Free online bill pay. Set up bills to be paid automatically online up to a year in advance or pay manually with just a few clicks of the mouse.
- Free paper statements or eStatements. See up to 28 months worth of account activity.
- Account alerts. Receive phone calls, emails or text messages for notifications such as: posted transactions, a ready-to-view statement, a bill payment that has been sent, a due date that is approaching or when your balance drops below a specified amount.
Opening a child savings account in Virginia is fast and easy with First Bank. Learn more about First Banks child savings account or visit your nearest Virginia branch and stop feeding that piggy bank today.