Give your kids a flying start with great saving habits
Opening a savings account for your child could make a powerful difference in their future. Children who have a savings account for college are three times more likely to go to college and four times more likely to graduate college — even if the account holds less than $500.
Teaching your kids about money is a valuable, ongoing lesson that can start much earlier than you might think. Studies show that starting with simple coin identification games at age 2 or 3 can get your child started on the path to basic money comprehension.Financial skills are important in life, and getting kids started early with smart saving habits will make a big impact on their financial futures. Start by helping the kids in your life with a Southland Jr. Savers Account and our Southland Jr. App. Visit your nearest Southland branch to open a Jr. Savers account.
Earn up to $25 on your first deposit!
Open a Southland Jr. Savers account between November 1 and December 31 and we’ll match your first deposit up to $25*. Terms and conditions apply.
*Membership is subject to eligibility. Individuals that open a new Southland Jr. Savers account November 1-December 31, 2022 will be eligible for a matching deposit up to a maximum of $25 at the time of account opening. Match is considered interest and will be reported on 1099 to the IRS. Only one deposit match per unique social security number. Multiple Southland Jr. accounts under the same social security number do not qualify. Member does not qualify if they have an existing Southland Jr. account or if they have had a Southland Jr. account closed within the last 12 months. If new account is closed within six months of account opening, the match will be deducted from the account at closing.
Features
Start your account with as little as $5
No fees
Joint ownership by a parent, grandparent or guardian
Link your account to your children’s savings account
Send allowance online or with your mobile app
Benefits
Earn Interest
No minimum balance required to earn interest.
No Service Fees
Southland Jr. Savers Accounts have no monthly service fees
Mobile Access
Convenient online and mobile access.
Savings Goals
Get your kids involved in setting goals, and watch their savings grow.
Joint Access
Pay allowances and schedule automatic deposits.
ATM Card
Set ATM withdrawal limits.