Youth Savings

(Under Age 18)

It’s never too soon to learn the value of saving. This account helps young people get off to a good start.

Minimum Opening Deposit: None

Tiered Interest:

  • $.01 - $9,999.99
  • $10,000.00 - $49,999.99
  • $50,000.00 and above

Please call us for current rates - Click here to find the branch nearest you

  • Interest paid on collected balances
  • Interest compounded and credited quarterly
  • No Interest is paid during the cycle that the account is closed

Monthly Maintenance Fee: No Charge

Limited Transactions:
  • 6 withdrawals per quarter
  • $1 fee per withdrawal over limit

    Additional Benefits:

    • Free Online Banking
    • 24-hour Automated Telephone Banking

    Custodian should have a financial relationship with Bank of Virginia

    Federal Regulation limits the number of preauthorized  automatic, telephone, computer or electronic transfers per statement cycle to 6.