Account Features:
- $25 minimum deposit to open the account.
- No service fee applies.
- No requirement to maintain a minimum monthly balance
- Generates interest for balances of $25 and over.
- Parents can contribute through electronic transfers of fixed or variable amounts.
Benefits of becoming a PopuKid:
- Membership certificate
- Junior Savings ClubSM PopuKid ID card.
- Notebook to keep track of your transactions.
- Quarterly account statement which details the balance, deposits, and interest generated in the account.
Fees
- No monthly service fee applies.
- $0.15 for each branch withdrawal in excess of the three free branch withdrawals allowed per cycle.
- $15.00 if the account is closed during the 90 days following the account opening.
Requirements to open the Junior Savings ClubSM account:
- Copy of the child’s birth certificate.
- Social security number of the child and that of the parent or guardian opening the account with him/her.
- For children up to 12 years old.
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