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MINOR SAVINGS

PRODUCT DESCRIPTION:
An account for individuals who want to earn higher interest on their checking account balance

FEATURES AND BENEFITS:
  • FREE savings account with no maintenance fee while under age of 18
  • Interest is credited to your account MONTHLY
  • Statement is issued Quarterly
  • ATM card has no card fee for the first year
  • FREE internet banking and phone banking

PRODUCT/SERVICE REQUIREMENTS:
  • Initial Deposit of only $25.00 required
  • Parent or guardian's valid photo ID and proof of social security number
  • Proof of minor's social security number (and valid photo ID where applicable)


* Social security card
* Social security number on valid driver’s license
* Social security number on health insurance card
* Social security number on payroll stub
* Social security number on IRS tax form 1040



Important new FDIC insurance rules in effect from December 31, 2010 through December 31, 2012. Learn More
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© 2011 Park State Bank & Trust

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