PiggyBankers Youth Account
A Goal-Oriented Savings Program for Children Ages Ten and Under
Features For Members Ten and Under
Each PiggyBanker Member receives a fun membership card and a PiggyBanker Passbook to record their savings. Plus features such as:
Fee-Free Savings Account
It only takes $1 to open a PiggyBankers Savings Account and the standard $5 monthly service fee is waived for all Youth Account Members.
ATM Card with $40 Withdrawal Limit
The PiggyBankers ATM Card has a daily withdrawal limit of $40 and gives children access to deposit or withdraw funds from their account through any ATM.
Regular Statements to Show How a PiggyBankers Account Grows
Children can see how dividends increase their account balance and track savings goals.
Informative Quarterly Youth Newsletters
Every PiggyBanker Member receives a subscription to our quarterly PiggyBankers newsletter filled with cool facts about cash, money-saving ideas, and financial basics.
Option to Open College Saver Certificates
With a PiggyBankers Account, you have the option to open a College Saver Certificate so you can start earning dividends for the cost of your child's college education. Featuring a $250 minimum deposit and a 36-month term, you can make additional deposits during the Certificate's term as long as your child is under the age of 18.
Automatic Transfer to a Fortune Finders Account at Age 11
When you child reaches age 11, they will be automatically transferred to a Fortune Finders Account, the next step in our Youth Account Program for members ages 11-14, that offers even more features and benefits.
What You Will Need to Get Started
To open a PiggyBankers Account, stop by any Wescom branch location with:
- A parent or legal guardian to act as a joint owner on the account
- $1 minimum deposit
- One of the following forms of identification for the child:
- Birth Certificate
- School I.D. Card
- California State I.D. Card.
A parent or legal guardian must be a Joint Owner on the Checking Account and ATM/Visa Debit Card. Account opening & Visa Debit Card subject to Account Joint Owner verification by ChexSystems, a consumer reporting agency; Primary Payment Systems, an independent verification service; and Credit Union approval.