Youth Savings | North Carolina Bank | Peoples Bank

Youth Savings

Learning savings strategies with this account that is available to customers under age 18. It doesn't get much easier or more affordable for the beginner account holder. 

Benefits and Features

Interest bearing with tiered rates: 
     $0-$999.99
     $1,000 and above 

No service charges

Free Online Banking
Free Mobile Banking and Mobile Check Deposit 

Free e.Statements 

Same-day credit on deposits made at teller window until 5 p.m. on business days

Terms and Fees

Must be 18 years or under 

$10 minimum to open 

Six free withdrawals per quarter; $2.50 per each excessive withdrawal ***

Paper statements may be provided at $2 per statement

*** Federal Regulation allows six (6) transfers from your account monthly by preauthorized or automatic transfer, telephone, data transmission (including computer), order or instruction or by check, draft, debit card or similar order (including POS transactions), made by you and payable to third parties. Transfers and withdrawals made in person, by mail or at an ATM are Unlimited.  Excessive withdrawal fee applies to each debit transaction in excess of six (6) per statement cycle regardless if transaction is allowed or unlimited under Federal Regulation.

Contact Us

Enrolling is easy. Simply go to our contact page, fill out a short secure form and hit submit. We'll take it from there, and contact you within one business day. For immediate questions, call us at 877-802-1212. We look forward to serving you.