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Youth Savings

Teach your child the value of a dollar—hands on—as they earn interest and watch their account balance grow with a Youth Savings account.

Individuals under 13 are not allowed to open accounts online

Power Savers

Pioneer Bank’s Power Savers account is designed for children up to eight years old and conveniently converts to a Smart Savers account and age nine. Children earn competitive rates** and learn solid saving habits.

  • $10.00 minimum deposit to order
  • No monthly service fee until age 18
  • Birthday prizes
  • Free Online Banking and eStatements
  • Transfers from savings accounts to another account or to third parties by pre-authorized, automatic, telephone transfer, check or draft are limited to six per calendar month.

Smart Savers

Pioneer Bank’s Smart Savers account is designed for children nine to 14 years old and conveniently converts to a Regular Savers account and age 15. Children earn competitive rates** and learn solid saving habits.

  • $12.00 minimum deposit to order
  • No monthly service fee until age 18
  • Quarterly newsletter tailored to kids
  • Birthday prizes
  • Free Online Banking and eStatements
  • Transfers from savings accounts to another account or to third parties by pre-authorized, automatic, telephone transfer, check or draft are limited to six per calendar month.

*Parent or legal guardian must jointly be on the account.
** Rates may change at Pioneer Bank's discretion.

 

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