YOUTH ACCOUNTS
Help your child learn how to save, set goals, and manage money with an account designed for their age.
Help them build habits that last
Learning how to manage money takes practice. Heritage South youth accounts give kids and teens a safe place to save while helping families start meaningful conversations about spending, saving, and financial responsibility.
Chipmunk Accounts
For children age 8 and younger
Make saving fun from the very beginning. Chipmunk Accounts introduce younger children to basic money concepts and help them experience the excitement of watching their savings grow.
Chipmunk members can:
- Practice making regular deposits
- Participate in Heritage South savings incentives
- Use the My First Nest Egg learning app
- Open a Happy Birthday Money Certificate
Squirrel Savers
For kids ages 9–12
As kids become more independent, a Squirrel Saver Account can help them set goals and make thoughtful choices about their money.
Squirrel Savers can:
- Save for personal goals and future purchases
- Build consistency through regular deposits
- Participate in Heritage South savings incentives
- Use the My First Nest Egg learning app
- Open a Happy Birthday Money Certificate
Teen Cache
For teens ages 13–17
Teen Cache helps young members prepare for greater financial independence. Teens can learn to manage everyday spending and saving while parents maintain visibility and can easily transfer money.
Beginning at age 13, eligible Teen Cache members may add:
- A checking account
- Online and mobile banking access
- A debit card
Beginning at age 16, teens may also be eligible for the Heritage South Teen Auto Loan Program with a creditworthy parent or guardian as a co-signer.
Building money skills at every age
Accounts for every age
Start with an account designed for younger children and continue with us throughout the teenage years.
Hands-on money experience
Depositing, saving, and tracking money gives kids an opportunity to practice financial skills in everyday life.
Support for parents
Parents can help guide their teen’s financial decisions, monitor Teen Cache accounts online, and transfer money when needed.
Extra ways to learn
Youth members can access financial-learning tools and special savings opportunities available through Heritage South.
Good habits deserve to be celebrated
Youth members can earn entries into our twice-yearly prize drawings by practicing consistent savings habits.
To qualify for an entry, the child or teen must:
- Deposit at least $10 each month for six months.
- Keep the full $60 deposited in the account.
Students can earn one additional entry per drawing by bringing in a report card with all A’s and B’s. When a school uses a different grading system, the top two available grades may qualify.
Make money lessons part of everyday life
Heritage South youth members receive free access to My First Nest Egg, a chore and allowance app designed to make financial education engaging for kids and manageable for parents.
Families can use the app to:
- Organize chores and allowances
- Set savings goals
- Introduce age-appropriate money lessons
- Practice financial decision-making together
Heritage South pays for the subscription, a value of approximately $40 per year. Use invitation code HeritageSouth when signing up.
Give a birthday gift that grows with them
A Happy Birthday Money Certificate gives parents and grandparents a meaningful way to build a child’s savings over time. Start with as little as $100, make additional deposits on their birthday, and help create a financial gift for the future.
Help your teen begin building credit
Beginning at age 16, eligible teens may apply for a Heritage South Teen Auto Loan with a creditworthy parent or guardian as a co-signer.
The teen’s name appears on the loan, and making payments on time may help them begin establishing a positive credit history for future financial needs.
Explore Teen Auto LoansCredit requirements apply.
Grow your savings with 3.85% APY
A 12-month Share Certificate gives your money room to grow with a rate you can count on.
Explore Certificates(APY = Annual Percentage Yield)
Frequently Asked Questions
Our youth accounts are organized by age. Chipmunk Accounts are for children age 8 and younger, Squirrel Savers are for ages 9–12, and Teen Cache is for ages 13–18.
Yes. Youth members who deposit at least $10 per month for six months and keep the full $60 on deposit can earn an entry into our twice-yearly prize drawing.
Yes. Students can receive one additional entry per drawing by bringing in a report card with all A’s and B’s. If their school uses another grading system, the top two grades available may qualify.
Eligible Teen Cache members may have a checking account, online and mobile banking access, and a debit card beginning at age 13.
Yes. Parents can monitor their teen’s account online and easily transfer money when needed.
My First Nest Egg is a chore, allowance, and financial-learning app for children and families. Heritage South provides youth members with a free subscription using invitation code HeritageSouth.
It is a special certificate for our youth members that matures on the child’s birthday. It requires a minimum opening deposit of $100 and earns a special dividend rate on balances up to $500.
Yes. The certificate is designed to help parents and grandparents jump-start a child’s savings. Additional deposits may be made on the child’s birthday each year.
Beginning at age 16, an eligible teen may apply for the Teen Auto Loan Program with a creditworthy parent or guardian as a co-signer.
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Give them a strong financial start
Open a Heritage South youth account and help your child begin saving, learning, and preparing for what comes next.
