Their Future Starts Now
Suffolk Federal’s Youth Savings Account offers a great way for kids to learn about saving—and rewards their efforts too! Your children will not only earn higher dividends* on their account, but will also earn their first $25 deposit on us, just for opening the account. Once their Youth Savings Account balance reaches $1,000, Suffolk Federal will congratulate them with another $25 deposit!
Participants of Suffolk Federal’s Scholars Program can earn even more cash-back too! Students must present their Scholars Program Completion Certificate to be eligible. Ask a representative for details.
Building them a brighter financial future? We see it too.
To learn more about how our Youth Savings Accounts can teach kids the value of saving, contact us or visit your local branch. Ready to get started?
Open an Account Now
*Balances up to $1,000 earn 3.50% Annual Percentage Yield (APY). Balances greater than $1,000 will earn the yield of the Regular Share account. Youth Savings account minimum opening balance is $5. Minimum balance to earn dividends is $100. Dividends are calculated on daily balance and credited monthly. Youth Savings accounts must be custodial accounts. At the age of 18, monies in this account will be transferred into a regular savings account. Account must stay open for a minimum of 90 days, or Suffolk Federal reserves the right to revoke cash back deposits. Suffolk Federal will not remove the deposit unless we directly contact the member with reasons for doing so. Member is responsible for taxes. Program and terms subject to change.