KidsFirst Savings
Savings Accounts For Kids
At The First, we believe that responsible savings patterns are established early, so we created our Kids First Savings account to encourage your young savers to plan for their future goals. Kids First Savings accounts may be open by anyone 0-18 years of age, with an eligible parent or legal guardian. Help your kids become smart savers…stop into one of our 12 branch locations to open your child’s Kids First Savings account today.
Benefits and Features of Statement Savings
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Compare Savings Accounts in Bucks County
Not sure which savings account is best for your needs? Compare all our savings account options to find the right one for you.
Statement Savings | Money Market Savings | Kids First Savings | Holiday | Special Purpose | IRA |
|
|---|---|---|---|---|---|---|
| Earns Interest | ||||||
| **ATM Card | ||||||
| Minimum Balance to Open | $1.00 | $1.00 | $1.00 | $5.00 | $5.00 | $25.00 |
| Minimum Balance to Earn Interest | $100.00 | $2,500.00 | $50.00 | $5.00 | $5.00 | $25.00 |
| Free Online Banking | ||||||
| Interest Paid | Monthly | Monthly | Credited Monthly | Yearly | At end of Term | Monthly |
| Fees | **$1.00 per month per card | |||||
| Service Charge if Below Minimum | $3.00 if minimum balance is not maintained. | $5.00 if minimum balance is not maintained. Allowed 6 Transfers per month. |
Help Your Child Get a Financial Education
Kids may develop money habits and beliefs as early as first grade. Opening a youth savings account for your child is an important part of teaching them personal finance basics. Here are the top four benefits of opening a child’s savings account.
Increase your child’s financial literacy.
Depositing money in a savings account will help your child learn the crucial habit of saving, as well as how compound interest works. When they receive money at holidays or birthdays, or get their first job, putting some of that cash into savings teaches them to “pay yourself first” and delay gratification.
They can set aside some funds for future purchases.
The account grows with your child.
Your Child Has a Lifetime Banking Partner With The First!
We Put you first
Open a KidsFirst Savings Account Today
Questions about our KidsFirst savings accounts? Call us today for more information, apply online, or visit one of our locations to get started!
