Teach Kids to Save

Show your children or grandchildren the benefits of saving money with their very own account.

Kids Savings Accounts

Opening a savings account for kids is a great way to help them learn the value of saving money—and the benefits of compound interest. You're never too young to learn the benefits of saving! 

Account Highlights:

personal savings fees
No monthly maintenance fee for minors with parent's account at TowneBank
mobile banking
Access accounts with free online and mobile banking (with parents permission)
personal savings interest
Interest compounded daily
Paperless Statements
Option to easily go paperless with electronic statements.

Insights & Perspectives

The Children's Online Privacy Protection Act ("COPPA") requires parents and guardians to have increased control over what information is collected and used from their children who are 13 and under while on the Internet. The Act applies to websites and online services that are directed to children under 13 and knowingly collect children’s personal identifiable information. The TowneBank website and online services are not directed to children under the age of 13, nor is information knowingly collected from them. TowneBank strongly recommends that parents and guardians enter their own child’s personal identifiable on this website. For additional information about the Children’s Online Privacy Protection Act (COPPA), please visit the Federal Trade Commission website at www.ftc.gov.

All terms applicable to Online Banking apply to Mobile Banking.