First Time Savers
Start teaching your children the value of saving early with our First Time Savers account!
- $1 minimum deposit to open
- Available from ages 5-21
- Earns special interest rate on first $1,000 deposited
- Earns blended interest rate on balances of over $1,000
- Earns additional special interest payment of $5 when a deposit has been made for 12 consecutive months
- Account converted to Hometown Money Market statement on 22nd birthday
|First Time Savers|
|Minimum to Open||$1.00|
|Minimum Average Daily Balance||Less than $1,000.00|
|Minimum Balance to Avoid Monthly Service Charge||N/A|
Savers ages 5-21 years old can earn a special interest rate and incentives for regularly saving into this account.