My Utah is riding the train with my kids and
ensuring their financial future is on the right track.
When it comes to teaching children to manage money, the earlier
the better. Bank of Utah’s Regular Savings for Children account is a
great way to help kids under 18 develop meaningful financial habits
and save for the future.
Involve them in setting goals, calculating interest and using technology
to track their savings, without worrying about monthly balance requirements.
This account can only be opened in our branches. A parent or legal guardian
is required as an account co-owner.
Get started by visiting one of our Bank of Utah locations.
With just $10 to open the account and no monthly balance requirements
With any balance of $1 or more (view rates)
With access to online banking and the Bank of Utah mobile app
With My Money Hub, which can help your child visualize their account and savings trends, and learn to manage their money
With a visit to any Bank of Utah location or by linking the child's account to the co-owner's account, then using our mobile deposit feature
With recurring transfers you can set up from your account to your child's, to pay an allowance or match their savings contributions