BTC Kasasa Kids Savings
Are you looking for a youth savings account in Missouri? At BTC Bank, we make it easy and fun to help your child learn financial basics such as saving vs. spending, compound interest, and rewards for good grades.
What is a youth savings account?
Savings accounts for kids are similar to regular savings accounts, but they are only for youth under age 18. Youth savings accounts earn interest and may offer rewards and educational tools. For example, check out our compound interest calculator.
Features of Kasasa Kids Savings
Learn about the terms and benefits:
- Free Savings Account for ages under 18
- Interest bearing account – visit customer service for current rate
- Free Online Banking
- Grade Rewards
- Earn $2.00 per “A” or equivalent scale with cap of $10.00 per semester
- Statement: Quarterly
- Minimum deposit of $1.00 to open account
- Limited to 6 withdrawals per month, unlimited in-bank withdrawals
When To Choose Youth Savings
It makes sense to open a youth savings account when you have a child in your life who is under 18. For other savings needs, such as Christmas Club and Regular Savings for adults age 18+, check out the rest of our savings account options.
Why BTC Bank?
We are Community Minded… Just Like You. Founded in 1919, BTC Bank now has 22 locations throughout Missouri and Iowa. In addition to offering youth savings accounts, we also support youth organizations in our communities through the BTC Area Youth Benefit Corp.
Open a Youth Savings Account
Open a new youth savings account from BTC Bank. Call or visit your local BTC Bank branch. We serve the banking needs of communities throughout Missouri & Lamoni, Iowa, and offer our customers access to a nationwide ATM network.
FAQs About Youth Savings Accounts
What is a youth savings account?
Savings accounts for kids are for children and teens under age 18. They earn interest on deposits and may offer additional perks or benefits.
Which savings account is best for a child?
The BTC Kasasa Kids Savings account is a free savings account for kids and teens younger than 18. It is an interest-bearing savings account that also comes with free online banking and the opportunity to earn rewards for good grades.
What do you need to open a youth savings account?
Parents and guardians can open a kids savings account for their child. You’ll need their social security card and other basic information.