Access to your accounts anywhere, anytime
Start saving at an early age for a brighter financial future.
0.05% APR1
$0 monthly fee, no minimum balance
Help your kids get an early start on being money smart. You can open a savings account for a child of any age, even a baby, typically with joint ownership, or a custodial account that doesn’t give them access to the cash until they are adults.
A savings account is a great way to save birthday money or an allowance, and get your kids started on the concept of budgeting. We recommend that you meet with a Patelco team member to open a youth savings account. You can meet online via Zoom or visit a branch near you. (Use the button above to make an appointment.)
Access your child’s account anytime from anywhere
Instant transfer from parent’s Patelco account or link to external account
For age 13 – 17
Find one near you on our Mobile App
Check out special courses just for youth, including Banzai Junior and Banzai Teen.
Rates Effective 01/01/2020
$0 monthly fee and no minimum balance
1 APY = Annual Percentage Yield.
To open a Kids Savings account for your child, you’ll need the Social Security Number for children under 13. For 13 and older, you’ll also need to provide a school ID, Passport or state ID.
No. There’s no monthly fee and no minimum balance requirements.
You can open the account with joint ownership with your child, or a custodial account that doesn’t give them access to the cash until they are adults.
ATM cards are available for ages 13 – 17. You will receive your ATM card in the mail typically within 10 business days after you’ve requested it. Contact us to request an ATM card for this account.
Patelco has partnered with Banzai to bring you clear, in-depth activities and information to help your child become money smart. Get access to tools, like articles, calculators, courses, and exclusive Banzai Coaches.
Read different strategies on how to teach children about money, how to be internet safe and even the cost of college life.
