| When you open a Young Savers account, you start your child on the right savings path. To encourage good savings habits in young people, there are no minimum balance requirements and no monthly maintenance fees on the Young Savers account.
As an added benefit, a Generations Reward is offered when the parent, grandparent, or guardian of the child is already a Monroe Bank checking customer, or, if not, becomes one. It’s our way of saying thank you for generations of loyalty. The Generations Reward is a deposit into the new Young Savers account as starter funds to help build the account.
All you’ll need to do to open this account is bring your child’s Social Security Number with you - and the kids, of course! Stop by any of our conveniently located Banking Centers and make your child a “Super Saver”!
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