A savings account built to help children and teens save for their futures.

Designed for children and teens ages 0-17, this account makes saving fun and rewarding with no monthly maintenance fees and earned interest. Transfers from online and mobile banking also make it easy for you or your child to contribute to this savings account.

Teenager with hijab driving a car.

Young Peoples Savings Account Features

Earned interest and
no monthly maintenance charges

No minimum
deposit required

Easy transfers via
mobile or online banking1

Money protection
(only you can withdraw)

No fee for quarterly paper
statement or eStatement

Your money is FDIC insured
up to $250,000

Young Peoples Savings Account Details

Must be 0-17 at account opening and required to have a parent/guardian as a custodian on the account.

Contact your local banker for the current Annual Percentage Yield.2

Have 6 or fewer debit transactions per month and avoid a $10 month fee.

Enroll in eStatements to have your monthly account statement delivered directly to your online banking profile.

Learn more about Going Paperless for your account statements.

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1There is no cost to download the Peoples Bank Mobile app, but standard rates and fees may apply from your wireless carrier.
2Rate may change after the account is opened.

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