From birthday money to allowance, Kick-Start Savings helps kids build strong savings habits from an early age—with a parent, grandparent, or guardian by their side.
Kick-Start Savings makes it easy to turn everyday moments like allowance, chores, and birthday gifts into real savings lessons. With automatic transfers available and joint account access, parents can help guide progress while kids start learning how to save and grow money over time.
To help encourage consistent saving, Kick-Start Savings Account holders are automatically entered into our annual $500 Back-to-School Raffle** when they make at least one deposit during the year. It’s one more way we help reward positive savings habits.
New accounts receive a small welcome gift at opening—a fun way to kick off the savings journey.
Open a Kick-Start Savings Account and give your child a strong start with simple tools to help them learn, save, and grow.
Visit one of our six branch locations to open your account.
With free, easy-to-use resources, you’ll learn how to make confident financial decisions and set yourself up for long-term success.
Who can open a Kick-Start Savings Account?
A Kick-Start Savings Account can be opened jointly with a parent, grandparent, or legal guardian who has a Savers Bank account.
How much money do I need to open the account?
You can open a Kick-Start Savings Account with just $10.
Is there a monthly maintenance fee?
No. There are no monthly maintenance fees or minimum balance requirements.
Can I set up automatic deposits?
Yes. Automatic transfers can be set up from a Savers Bank checking or savings account, making it easy to contribute regularly and build savings over time.
Does the account earn interest?
Yes. Kick-Start Savings earns interest on qualifying balances, helping children see how saving can help their money grow.
What is the Back-to-School Raffle?
Eligible Kick-Start Savings account holders ages 0–17 who make at least one qualifying deposit during the calendar year are automatically entered into our annual $500 Back-to-School Raffle. Additional terms and conditions apply.
Why should my child have a savings account?
A savings account is a great way to introduce children to healthy money habits. It can help them learn the value of setting goals, saving consistently, and watching their money grow over time.
What is a good age to open a savings account for a child?
It's never too early to start teaching healthy savings habits. Whether your child is saving birthday money, allowance, or gifts from family members, a savings account can help them learn the basics of managing money from a young age.
*Minimum balance to earn APY is $10. **All Kick-Start account holders ages 0-17 who have a deposit made to their Kick-Start accounts during the calendar year are automatically entered into the raffle. Deposits of interest or dividends earned do not count for the deposit. The raffle drawing will be conducted each year no later than the 15th of July. Accounts must have a positive balance and all account holders must be in good standing at the closing of each drawing period and have had at least one deposit during the year. Only activity on the savings account will be looked at – checking accounts and certificates of deposit are not eligible. Each year, one (1) winner will be chosen and awarded a gift card in the amount of $500 USD. Each winner will be randomly selected from all participants in the yearly drawing. Winners will be notified via telephone, email, or standard USPS mail. Prizes are non-transferable. Winner is solely responsible for all applicable federal, state and local taxes and any expenses associated with the prize, unless otherwise indicated. Savers Bank reserves the right to cancel or modify this program at any time.
Sign In
