Kids Savings Accounts

Start saving at an early age for a brighter financial future.

Lifelong financial success starts here

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.

  • No monthly fees
  • No minimum deposit or balance
  • Your first $1 deposit is on us!
  • Up to age 17

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.)

Product Benefits

An Android phone with the Patelco logo on the screen.

Top-rated Mobile App

Access your child’s account anytime from anywhere

A hand holding cash.

Easy Money Transfers

Instant transfer from parent’s Patelco account or link to external account

Member Card Icon

Available ATM Card

For age 13 – 17


30,000+ Fee-free ATMs

Find one near you on our Mobile App

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Virtual Financial Mentor

Check out special courses just for youth, including Banzai Junior and Banzai Teen.

Kids Savings

Rates Effective 1/1/2020

TermMin. BalanceAPY1RateDividends Paid

$0 monthly fee and no minimum balance

For age 13 – 17

1 APY = Annual Percentage Yield.


Frequently Asked Questions

Coaches, calculators, and courses

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.

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1 APY = Annual Percentage Yield.


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