Savings Accounts for Youth

A primary goal of Okaloosa Saves is to encourage our children to learn the benefits of saving money from a very young age. Here are special savings opportunities for youth offered by our coalition members.

Sand Pebbles Savings Account – Beach Community Bank

Beach Community Bank's Sand Pebbles Savings AccountTeach your young ones the value of a dollar by starting them off with our interest bearing savings account.

  • $1 minimum deposit to open
  • No minimum balance requirement
  • No monthly service charge
  • Quarterly statements
  • Interest compounded daily and paid monthly

BancorpSouth's Young Savers Account Young Savers Account – BancorpSouth

The Young Savers Savings Account is offered to children 17 and under with a special opening balance of $25. They will receive quarterly statements in the mail with their savings account balance, showing the interest they’ve earned.

 

Savings Account –
Eglin Federal Credit Union

  • $5 minimum deposit to open
  • No minimum balance requirement
  • No monthly service charge
  • Balances $50 and over earn quarterly dividends.