The account will automatically transfer to a SaveUp Savings account when the primary accountholder turns 18-years-old.
Youth Savings comes with simple ways to earn more and stay organized.
View your child's savings alongside your other Central Bank accounts! Quickly manage all your accounts in one location by logging into our award-winning Mobile App and Online Banking.
Within Online Banking, you can easily set nicknames for the account with the minor's name to keep your accounts organized.
If you have a Central Bank checking account and Debit Mastercard®, you can enroll in RoundUp to automatically transfer money into the Youth Savings account anytime you use your debit card.
The sooner you can save, the more you can earn. Ready to start saving? Here's what you need to open a Youth Savings account:
Open a Youth Savings account at any convenient branch location, or contact us if you have any questions.
Consult your tax advisor for more information