Youth Savings Account | Sunstate Bank
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Youth Savings Account

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Help Them Save Today. Empower Them for Tomorrow.

It’s never too early to build strong money habits. Sunstate Bank’s Youth Savings Account is the perfect first step for children and teens to start learning the value of saving - with the guidance of a parent or guardian.

Open an account in their name, watch their savings grow, and teach them lifelong financial skills.

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A mother and child with a piggy bank

Key Benefits

Designed for Ages 18 and Under

Created just for young savers - with joint ownership by a parent or legal guardian.

Earn Competitive Interest

Every dollar earns interest - helping them see their money grow over time.

FDIC Insured

Enjoy peace of mind with up to $250,000 in protection through the Federal Deposit Insurance Corporation.

Learn Money Management Early

Encourages financial responsibility in a safe and structured way.

Free Online & Mobile Banking Access

View balances and track savings together - anytime, anywhere.


A man and his son in the park

Who Is This Account For?

This account is perfect for:

  • Parents who want to teach their children the value of saving
  • Teens with part-time jobs or gift money
  • Families who want a safe, insured place to store a child’s funds
  • Young savers working toward a goal (like a bike, laptop, or college)

Why Open a Youth Account with Sunstate?

  • Serving South Florida families since 1999
  • Voted Miami-Dade’s Favorite Bank (2023 & 2024)
  • Multilingual customer service (English, Spanish, and Portuguese)
  • A local community bank that cares about your child’s financial future

Account Snapshot

Feature Details
Minimum Opening Deposit $5
Account Holder Age 18 or younger (with parent/guardian joint owner)
Interest Earns interest on all balances - compounded monthly
Monthly Fees None (no balance requirement)
Withdrawals 6 free withdrawals per month (standard regulation)
FDIC Insurance Up to $250,000
Online & Mobile Banking Free access with guardian permissions

Start Their Journey Today

Open an account online or visit one of our branches in Coral Gables, West Miami, or The Falls - our team is here to help.

*This account must be opened jointly with a parent or legal guardian. For full account disclosures, please call or stop into one of our branches. Rate tier information available here. Rates and terms may vary and are subject to change. Fees may reduce earnings. Additional fees may apply.