Disclosure- The below is a paid post but all opinions are my own.
This coming April is National Kids Savings Month, and to celebrate, Boiling Springs Savings Bank would like to bring to our attention the Bucks Program. The Bucks Program was developed to bring savings into children’s minds at an early age. By providing children a special savings account, Boiling Springs is bringing quality banking to little customers.
Some of the best parts of the Youth Savings Account are:
-A savings account designed especially for young depositors
-Account available to youths under the age of 18
-Statement savings account with statements mailed quarterly to the account holder
-Interest earned monthly on all account balances
-Minimum opening deposit of $1.00
-$10 bonus is deposited into account if account is opened with $10 or more
Kids age 12 and under must open a Custodial Account. At age 18, the account converts to a regular Statement Savings Account. Service fees may apply to the regular Statement Savings Account and fees could reduce earnings.
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