Designed specifically for those who are 18 and under, a Captain Summit savings account makes it easy for young people to get a head start on developing good savings habits.
A Captain Summit account has these benefits:
- Earns interest on collected balance, compounded daily and credited quarterly
- No minimum balance required to earn interest
- No service charge
- Joint account with parent, grandparents or guardian
- Earn interest on any balance
- Six withdrawals per quarter
- Quarterly statement or monthly statement when consolidated with a parent or guardian’s
checking account statement - Children get a toy from the Captain Summit treasure chest for each deposit
- Track savings with 24-hour telephone banking and online banking
- Open with as little as $1
