There’s nothing quite like the feeling of taking your loose change, birthday money, and holiday money to the bank. As a child, those dimes and dollars quickly add up, and even start to accrue interest. Over the years, your savings account balance starts to add up to something, and that can be extremely exciting. One day you’re adding pennies, the next you’re seeing hundreds, or even one day, thousands. That’s why you should get your child a youth savings account in Cecil County.

Get Your Youth Savings Account In Cecil County, Maryland

As it turns out, being able to watch your money grow is an extremely valuable experience for children. In fact, children with savings accounts are more likely to be financially aware, to go to college, and to invest in the stock market. That’s because they can see pennies turn into dollars. They can see the fruits of their labor. They can see the reward that comes from years of saving. Over time, it just all adds up.

Meet The Youth Savings Club

That’s why DEXSTA created the Youth Savings Club. Children between the ages of 6-12 can start a youth savings account in Cecil County and receive prizes every time they make a deposit. Each of our branches has a treasure chest full of rewards, and your children can take their pick whenever they put money into their savings account. After seven deposits, they’ll even get a free ticket to the movies!

Participants in the Youth Savings Club also have access to our quarterly newsletter and website that are just for kids. Featuring engaging educational articles and important money tips, your child will be well on their way to financial prosperity as an adult. We even have savings calculators so they can see how much they need to earn to get and keep a pet or keep track of how much they’ve saved already—and that’s just the beginning!

Set Your Child Up For Lifelong Success

After the age of twelve, your child will graduate from the Youth Savings Club into the Teen Savings Program. Specially designed for ages 13-17, our teen savings accounts offers incentives to save. Save two hundred dollars over the course of eight deposits, and they’ll receive $20. Save another two hundred dollars over the course of another eight deposits, and they’ll receive $20 again. That’s $40 of free money. After a while, it really starts to add up.

Not to mention, we offer financial tutorials for teens teaching them how to manage their money—and we give away free music downloads for completing each course. But we’re getting ahead of ourselves. The point here is that it’s important to start saving when you’re young. It establishes lifelong financial habits that could contribute to their success and wellbeing later in life—and that is something worth investing in.

DEXSTA would love to help your child start a youth savings account in Cecil County. Stop by one of our branches with your kid and their first deposit, and we’ll show them what they can accomplish by getting started.