Key Bank Savings Account For Minors

Please call us at 800 972 3030 or visit a fifth third branch near you for additional details.

Key bank savings account for minors.

It offers all the regular benefits and features of a savings account allowing children to understand banking transactions while establishing their financial history. Available to children under age 18 when the account custodian is a keybank deposit or credit customer. Insights visit insights by regions for tools tips and calculators to help you manage your money save for your future finance your needs and track your spending. Also known as ugma or utma accounts these accounts are useful when the minor will not be involved with money management.

Currently have or open a key advantage key privilege or key privilege select checking account. Manage your account online and bank when you want with mobile banking 10 online banking with bill pay 2 and access to over 1 900 atms across regions 15 state service area. To obtain more information or open an account just stop by one of our convenient locations. Help your children learn about the value of saving money and compound interest with your guidance.

The pnc bank s is for savings account is fee free for account holders under age 18. Chase savings account for people younger than 18 comes with no monthly fee and a small minimum deposit requirement of 25. They re not for children to use but they are used for the benefit of children. For savings accounts opened and funded online funds used to open the account will be temporarily held and not available for 10 calendar days from the date of the electronic transfer.

Custodial accounts are another option for adults seeking a bank account for a minor. Interest bearing account with no maintenance fee. The minimum daily balance is 5 000 00 or more during the monthly statement cycle. Keysavings bank offers a savings account to meet your needs.

Manage account in online and mobile banking. Minor account owners can keep this account as long as they like after they reach legal age subject to a 5 monthly maintenance fee that s waived in any statement cycle during which the account holder is under age 18 or the account. At age 18 minor savings account converts to a bank of america advantage savings account and applicable fees will apply 8 monthly fee or 0 with a minimum daily balance of 500 or pay 8 month.