Student Savings

Citizens offers two specialized accounts ideal for kids and teens ages 7-18: the Junior Savers Club for ages 7-13 and Student Savers for ages 14-18. Both accounts must have a parent or guardian as a joint account owner. For more information about this product click here to inquire now or contact us directly.

The Jr. Savers Club is intended for young savers ages 7 to 13 who are ready to learn more about developing good savings habits. This account cannot be linked to an ATM.

 

  • $5 minimum opening deposit
  • No monthly service fee
  • Fixed interest rate compounded quarterly*
  • Receive a personalized Jr. Savers Club Membership Card
  • Receive a special prize for deposits of $5 or more as well as a stamp on your stamp card
  • Upon receiving 10 stamps, Jr. Savers can redeem their full stamp card for a $5 gift card
  • Unlimited deposits, withdrawals in-branch or by mail, and in-person transfers
  • Free Online Banking & e-Statements
  • TeleBANK: free telephone banking service, 24/7 account information
  • Automatic conversion to a Student Savers account on 14th birthday.
  • Up to 6 preauthorized transfers allowed per month

The Student Savers account is recommended for teens ages 14-18 who are ready to be more financially responsible. This account includes a savings ATM card with a low daily withdrawal limit.

 

  • $5 minimum opening deposit
  • No monthly service fee
  • Fixed interest rate compounded quarterly*
  • Unlimited deposits, withdrawals in-branch or by mail, and in-person transfers
  • ATM card with no annual fee ($60 daily withdrawal limit and no point-of-sale purchase ability)
  • Free Online Banking & e-Statements
  • TeleBANK: free telephone banking service, 24/7 account information
  • Automatic conversion to a Regular Savings account on 18th birthday ($300 minimum balance, $3 monthly service fee)
  • Up to 6 preauthorized transfers allowed per month

*Interest rates on all interest-bearing accounts are determined by the bank and may be adjusted at the bank’s discretion.