Bank Account for Kids

Achieva credit union is great. the kids get a cute brochure and they have accounts geared just for them. $1 to open and they earn interest right away.

I don't know about other banks, but we have our kids set up at Bank Atlantic. They are open 7 days a week and until 8pm. which makes it easier for deposits. We make a family event, so dad can go too. I believe they only need $1 to open an account, they receive a piggy bank. They have a change machine in the lobby, so our 3 yr old son has a great time dumping the change in there. They don't charge anything for that either. We have saved up enough money to move some of his savings into a CD. They are currently offering 5.25% for a 7 month cd. Minimum of a $1,000 deposit though. We have been fortunate enough to have people putting money into his account and we able to put his money into the cd. That means he will make around $50 in 7months while his money is just sitting in the bank. We have found the staff to be very friendly. He takes his deposit slip to the counter after we do our change and gets a lollipop in exchange. He loves it! Good luck on your search!

Hi! My name is L. S. and I work at First Citrus Bank in South Tampa on Henderson Blvd. It's a small community bank that is dedicated to personal attention and great customer service. Yeah, I know it sounds like a commercial, but honestly we have a great group that works here and we love children and offer minor savings accounts free of monthly maintenance fees. Come by and get some information, we would love to help your children to start saving!

L.

Try AmSouth. They seem to have good children savings accounts.

I set up an account for my daughter at Tampa Bay Federal Credit Union. There are very child friendly and will help encourage your child to save their money. Your Welcome!

There is a community bank in South Tampa called Pilot Bank. They have a very child friendly saving account program complete with a "pilot puppy" Their web site is PilotBank.com