Youth Accounts

Explorer Savings

Available for children ages 8 to 17
Interest bearing account (check out our current interest rates here)
$10 minimum opening deposit required
No minimum balance requirement
No monthly service charge
Mobile and online banking available
Excessive withdrawal fee applies: $10 for each limited transaction in excess of 6 per calendar month
Once the minor turns 18, the account will convert to a Green Savings account*
Eligible to participate in Explorer Rewards: receive 1 stamp for each deposit made of $5 or more into the account, not to exceed more than 1 stamp each day. Once all 10 stamps are collected, the minor will earn a $5 account bonus!**

Expedition Checking

Available for children ages 8 to 17
Non-interest bearing account
$10 minimum opening deposit required
No minimum balance requirement
No monthly service charge
Unlimited deposits, withdrawals, check writing and transfers (subject to available balance)
Reduced overdraft fee applies; plus, if overdrawn $10 or less, the overdraft fee will be waived (continued overdraft fee applies if account is not brought to a positive balance within 3 business days)
Once the child turns 18, the account will convert to a Freedom Checking account*

Account Comparison

Features	Explorer Savings	UTMA Savings	Expedition Checking
Minimum Opening Deposit	$10	$10	$10
Minimum Balance Requirement	No	No	No
Monthly Service Charge	No	No	No
Earns Interest	Yes	Yes	No
Interest Payment Schedule	Quarterly	Quarterly	N/A
Check Writing Allowed	No	No	Yes
Online Banking Available	Yes	Yes, Inquiry Only	Yes
Explorer Rewards Eligible	Yes	Yes	No
Available to minors ages:	8 to 17-years-old	Under the age of 21	8 to 17-years-old

Primary account holder is the minor. Account must be owned jointly with an adult parent, grandparent or legal guardian. Fees for other services may be assessed. See consumer fee schedule and rate sheet for additional information.

*Freedom Account and Green Savings accounts are subject to different terms and conditions.

**$5 bonus is considered interest and is subject to IRS and other tax reporting. Bonus provided within 5 days of completion of Tracker Map. Once minor has completed a Tracker Map, they may start another for an additional bonus reward.