Does your child or grandchild want the latest hot toy? Or do they want to take dance lessons? Teach them the value of savings and investment by opening up a Kids CD. Plus they can add their allowance throughout the term of the CD to really watch their money grow!
- Minimum Opening Deposit
- Minimum Daily Balance
- Interest Bearing
- Withdrawal Restrictions
Penalties may be incurred if a withdrawal of the principal is conducted on the CD prior to maturity. Penalties are based on the term of the CD.1
- Account Advantages
- 6 month and 1 year terms
- Unlimited deposits of a minimum of $50 can be made throughout the term of the CD
1.Only interest credited to the CD can be withdrawn at any time prior to maturity without penalty.
Must be titled as a custodian account or joint tenants with rights of survivorship. Primary account owner must be under the age of 21.