START OUT SAVING SMART

Teach your child financial literacy

Bank_Iowa_Young_Savers

Have you met Bank Iowa’s newest colleague, Eleanor? Eleanor Saves the Day, written by Bank Iowa, gets back to the basics of financial literacy, using a classic medium to show kids how making good choices with money puts them on a path to financial freedom.

 

When you open a Young Savers account for the children in your life, we will gift you with a free copy of Eleanor Saves the Day and up to a $25 match of your account opening deposit*.

 

Young Savers account features: 

  • Designed specifically for youth, 18 and under
  • Earn and learn about interest
  • No minimum opening deposit
  • No minimum balance requirement
  • Identity theft services
  • Access to online/mobile banking

 

*Offer valid for new Young Saver account relationships and subject to change. Child must be 18 years old or younger to open a Young Saver account and accounts for children under the age of 10 must be opened as an IAUTMA with a single custodian.  No minimum balance required to open or maintain this account. The matching deposit will be made to the savings at account opening but will be deducted from the account if it is closed by the customer within 30 days. As of October 2, 2019, the annual percentage yield (APY) is 0.10% for balances less than $1,000 and 0.15% for balances $1,000 or more.  These APYs may change at any time.