An interest-bearing account for individuals under age 18 to get them off to a good start, and ANB will deposit the first $10.*
up to age 18
Important Information About Procedures For Opening A New Account
To help the government fight the funding of terrorism and money-laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: when you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
*Youth Savings Account: See the Personal Miscellaneous Fee Schedule for additional details. The $10 initial deposit is limited as one bonus per primary account holder. The bonus will be deposited in this account within 30 days of account opening. This bonus is considered interest and subject to tax reporting. Early Closing Fee of $25 if account is closed within the first 90 days. When the individual reaches age 18, this account will convert to a Personal Savings Account with balance requirements. A parent or guardian is required on this account. Online Banking: Internet access required. Internet charges may apply, depending on your Internet provider’s plan. eStatements: eStatements are provided at no charge, paper statements will be assessed an additional monthly fee of $5. Mobile Banking: Requires Online Banking enrollment. Wireless carrier charges may apply, depending on your wireless/Internet carrier’s plan. Rates: See the Deposit Rate Sheet for current rates. Rates are variable and subject to change at any time. Withdrawals: Federal regulations limit certain types of withdrawals or transfers to another one of your accounts at ANB Bank or to a third party by means of a preauthorized or automatic transfer, telephone transfer, online transfer, or by check, draft, debit card or similar order, to a combined total of six (6) per month. However, transfers and withdrawals made at the teller line or at an ATM are unlimited. If you exceed the six (6) withdrawals or transfers limited by federal regulations, there will be a $10 fee per occurrence. If this limit is exceeded regularly, this account can be closed.