Please call Customer Service for Current Rate Information (478)-452-4531 or stop by and see one of our friendly Customer Service Representatives.

Exchange Kids Savings Accounts

Kids with piggy banks


  • You must be under the age of 18
  • Will convert to an Exchange Savings Account upon financial future by teaching them the child’s 18th Birthday, you will receive a disclosure with new account terms
  • A Parent/Guardian must be present to open account
  • A Parent/Guardian must present a Social Security Card for Child
  • Parent/Guardian must present their valid driver's license and social security number
  • Parent/Guardian must be joint owner on the account
  • $20 Minimum Deposit to Open
  • You must maintain a Minimum Daily Balance of $100 to obtain the Annual Percentage Yield
  • Your account must remain open for a minimum 6 months from the account opening date or you will be assessed a $10.00 fee to close account
  • * $15 Minimum Balance Fee will be imposed quarterly
    • * Fee waived with a Minimum Daily Balance of $100
    • * Fee waived during the First Year of Account Opening
  • Limitations: During any month, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card or similar order to a third party. A $5.00 debit item fee will be charged for each debit over 6 per quarterly statement cycle. If you exceed the transfer limitations set forth above in any month, your account will be subject to closure by the bank.
  • Free: Internet Banking, Mobile Banking, Online Bill Pay, E-Statements

Kids Saving Tips!

Exchange Bank Dog Stuffed Animal
  • When you save money in a savings account, you earn something called interest. Interest means the bank pays a little money into your account each quarter. That means the money in your account grows automatically!
  • When you buy something, save your change! It really adds up and you can deposit it in your savings account.
  • Make a list of all the things you want to buy with your money and decide how much you will set aside each month to save for those things. This is called “making a budget.”
  • Keep track of every penny you add or withdraw from your account and write it down in your savings register. This is called “balancing” your accounts.
  • Do you earn allowance from your parents for doing chores around the house? Your allowance can be deposited into your savings account and over time it will add up.

Rate Information on Kids Savings Accounts: This Account is an interest bearing account. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily. Interest begins to accrue no later than the business day we receive credit for noncash items (for example, checks). Interest will be compounded quarterly on the account. Interest will be credited to the account quarterly. If the account is closed before interest is credited, you will not receive the accrued interest.

Balance Information on Kids Savings Accounts: We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day.

Fees may reduce earnings on Kids Savings Accounts.