Account Description: Cornerstone Bank is pleased to offer a special savings account for customers under the age of 18. This account is designed to introduce younger customers to banking.

This account is best suited for customers who:

  • Are under the age of 18
  • Are learning how to manage their money
  • Want to be able to view their account over the internet

Details

  • Minimum deposit to open - $10
  • For customers under the age of 18
  • Account will be automatically converted to a Classic Savings upon reaching 18 years of age
  • Transactions are limited to 6 withdrawals per statement cycle

Benefits

  • Good teaching tool with incentives for saving
  • No transaction fees up to limit of 6
  • Special gifts for your birthday
  • Free Internet Banking

Cost

  • No monthly service charge
  • $5 per item fee for all withdrawals over the limit of 6