Start Smart Account for Teens
Our Start Smart savings account gives your teen the ability to set a savings goal and continue to learn smart saving habits.
- Earn higher interest than most savings accounts
- $5 opening deposit to earn interest
- Turn loose change into cash using the Coinstar machines at our branches
- Unlimited deposits
- Save for a car, college expenses and more
Open an Account
If you are an American First member, you can open a Start Smart account for your teen by visiting any branch or calling us.
Visit a Branch
Youth Savings Rates
As of 11/04/2024
| Account | Opening Deposit | Minimum Balance for APY | Dividend Rate | APY |
|---|---|---|---|---|
| Safari Club (Age 12 or Younger) | $5 | $5 | 0.25% | 0.25% |
| Start Smart Savings (Ages 13 to 17) | $5 | $5 | 0.25% | 0.25% |
| Big Prize Savings |
$25
|
$500 $3,000 |
0.05% 0.05% |
0.05% 0.05% |
| Regular Savings |
$50
|
$500* $3,000 |
0.05% 0.05% |
0.05% 0.05% |
APY = Annual Percentage Yield. The rate may change after the account is opened and is accurate as of the last dividend declaration period. *Balances under $500 minimum are subject to monthly service fees. Refer to Schedule of Fees & Services for details. Fees may reduce earnings.
Open a Personal Checking for your Teen
Open a personal checking account with a debit card for your teen to start learning smart saving and spending habits early. Choose Totally Free Checking or a checking account that earns interest.
