(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.