Young savers
A first account for children under 16, with a passbook of their own.
Wrenfield Community Bank
Young savers
Account holderJ. Alvarez (sample)
Account0142 7730 11
Branch014, Main Street
| Date | Details | Out | In | Balance |
|---|---|---|---|---|
| 12 Jan | Opened, cash | 5.00 | 5.00 | |
| 02 Feb | Pocket money | 4.00 | 9.00 | |
| 01 Mar | Pocket money | 4.00 | 13.00 | |
| 20 Mar | Coins counted | 11.35 | 24.35 | |
| 14 Apr | Counter, cash | 8.00 | 16.35 | |
| 03 May | Pocket money | 4.00 | 20.35 |
A passbook of their own
Children bring their passbook and their coins to the counter. They see the teller count the coins and the printer add the line, and the balance is theirs to read.
Coin counting is free for young savers at every branch (sample).
Opening it with your child
Come to any branch with your child, their birth certificate and your own photo ID. It takes about fifteen minutes.
- Opens with $5 (Example prices)
- Parents sign until the child is 16
- Becomes an adult savings account at 16
Open an account at any branch
Bring photo ID and proof of your address. It takes about twenty minutes, and you leave with your card or passbook (sample).