It’s never too early to start saving! That’s why First Mid specially designed our Kids’ First account as a great way for children to start building a savings balance and learn the value of money.
Who is eligible for a Kids’ First Account?
Kids’ First accounts are available to children up to 18 years of age and can be opened with only a $25 deposit. No maintenance fees are required and a variable market rate of interest will apply, regardless of your balance.
What are the benefits of having a Kids’ First Account?
Each new Kids’ First account comes with a First Mid piggy bank and a Kids’ First membership card to keep track of deposits made to the account. Stickers are given for deposits, while larger incentives are earned by filling membership cards. After the 3rd membership card is filled, the account owner is considered a Kids’ First “graduate” and receives a t-shirt.
Contact us for more information.