Youth Savings Account
Help kids and teens build smart money habits—early
A Youth Savings Account is a simple, safe way to help young savers learn how to save, set goals, and grow confidence with money. Saving early builds habits that last a lifetime—while parents stay involved and informed.
Why open a Youth Savings Account?
Encourages smart saving habits
Saving from a young age helps build strong financial habits that last into adulthood.
Safe place for their money
Provides a secure place to set aside money for goals big and small.
Real-world money skills
Teaches practical financial skills through hands-on experience over time.
Parent & youth support
Tools and support to help both parents and youth as needs grow and change.
Built for every stage of growing up
For kids (age 14 and under)
Young savers get started with guidance and support.- Account is opened jointly with a parent or legal guardian
- In-person account opening helps families ask questions and get set up together
- Great for learning the basics of saving and goal-setting
How to open:
Visit a branch with a parent or legal guardian
For teens (age 15+)
More independence, with smart safeguards.- Teens age 15+ can open an account with valid ID
- Multiple ways to get started as responsibilities grow
- Ideal for learning to manage money more independently
How to open:
Schedule branch appointment
How it works
A savings account that grows with them
A Youth Savings Account isn’t just about today—it’s about preparing for what’s next.
As kids grow into teens and teens grow into young adults, their savings journey can continue with:
- Strong financial foundations
- Familiar tools and support
- Confidence managing their own money
Frequently asked questions
- If you’re a parent/legal guardian opening a Savings account or Certificate on behalf of your minor child, you’ll need:
- Your own valid ID
- The minor’s Social Security Number
- The minor’s Certified Birth Certificate
- If you are under 17 years old, you can open certain accounts on your own. For others you’ll need a parent/guardian to be a joint accountholder:
- Age 15-16: with valid ID, you can open a Savings, Certificate, or Checking account. You’ll only need a parent/guardian to be joint on the account if you’d like to get an ATM or Debit card
- Age 13-14: with valid ID, you can open a Savings or Certificate with a parent/guardian as a joint accountholder
- What is a valid ID?
- State of Hawaii Driver’s License
- Out of State Driver’s License
- State of Hawaii Identification Card
- Out of State Identification Card
- Military Identification Card
- Military Civilian Identification Card
- Resident Alien Identification Card
- United States Passport
Limited-time youth offers
Occasionally, special promotions are available for new youth members.
