Kids Savings

Jimmy or Susie wants a new bike? Close your wallet and teach your kids the value of setting goals, saving, and earning interest with a BankFinancial Kids Savings Account.

Contact Us Compare Products


Minimum Opening Deposit
$10
Minimum Daily Balance
$0
Interest Bearing

Yes

Monthly Service Charge
$0
How to Avoid Monthly Service Charge
Not applicable
Statements

•  Free eStatements
•  Paper Statements available upon request at no cost

Withdrawal Restrictions

•  Limited to six (6) preauthorized, automatic, Bank-by-Phone or online transfers per statement cycle
•  $10 per occurrence fee if account does not comply with withdrawal restrictions

ATM Fee
Not applicable
Your Account Comes With

•  24/7 Bank-by-Phone
• Online Banking
    - Online Bill Pay
    - Mobile Banking
    - Mobile Check Deposit
    - Bank to Bank Transfer1
    - POP Money Transactions1

1. See Fee Schedule for standard fees.
Must be titled as a custodian account or joint tenants with rights of survivorship. Primary account owner must be under the age of 21.

 


Personal Savings Accounts

 

Everyday Savings

Spectrum Select Savings1

Kids Savings4

Minimum Opening Balance

$50

$50

$10

Minimum Daily Balance

$150

$1,000

$0

Interest Bearing

Yes

Yes

Yes

Monthly Service Charge

$5

$5

$0

How to Avoid

Monthly Service Charge

· Primary account holder needs to be 65 years or older or

· Maintain $150 minimum daily balance

·   Maintain $1,000 minimum daily balance

Not applicable

Statements

·   Free eStatements

·   $3 for paper statements

·   Free eStatements

·   Paper statements available upon request at no cost

·   Free eStatements

·   Paper statements available upon request at no cost

Withdrawal Restrictions

·   Limited to six (6) preauthorized, automatic, Bank-by-Phone or online transfers per statement cycle

·   $10 per occurrence fee if account does not comply with withdrawal restrictions

·   Limited to six (6) preauthorized, automatic, Bank-by-Phone or online transfers per statement cycle

·   $10 per occurrence fee if account does not comply with withdrawal restrictions

·   Limited to six (6) preauthorized, automatic, Bank-by-Phone or online transfers per statement cycle

·   $10 per occurrence fee if account does not comply with withdrawal restrictions

ATM Fee

·   Unlimited free transactions at all BankFinancial owned ATMs

·   See Fee Schedule for non-BankFinancial ATMs2

·   Unlimited free transactions at all BankFinancial owned ATMs

·   See Fee Schedule for non-BankFinancial ATMs2

Not applicable

Your Account Comes With

·   ATM Card

·   24/7 Bank-by-Phone

·   Online Banking

·   Online Bill Pay

·   Mobile Banking

·   Mobile Check Deposit

·   Bank-to-Bank Transfers3

·   POP Money Transactions3

·   Free for 65 & older

·   Paper statements

·   ATM Card

·   24/7 Bank-by-Phone

·   Online Banking

·   Online Bill Pay

·   Mobile Banking

·   Mobile Check Deposit

·   Bank-to-Bank Transfers

·   POP Money Transactions

·   24/7 Bank-by-Phone

·   Online Banking

·   Online Bill Pay

·   Mobile Banking

·   Mobile Check Deposit

·   Bank-to-Bank Transfers3

·   POP Money Transactions3

 

1. Spectrum Select Checking account required or account will revert to Everyday Savings.
2. There may be a fee imposed by the owner of the other Terminal or Network.
3. See Fee Schedule for standard fees.
4. Must be titled as a custodian account or joint tenants with rights of survivorship. Primary account owner must be under the age of 21.