Youth Savings
Youth Savings

Youth Savings

Meet the Team
Summary

Establishing smart saving habits can't start soon enough. Fortunately, our Scratch Kids Club Savings and Get Real Student Statement Savings allows small kids, preteens, and young adults* alike to work toward their goals in all different stages of their lives. Free account management tools and competitive interest help bridge the gap between money saved and goals reached.


Scratch Kids Club Account Details

  • Competitive interest on balances of $5 or more
  • No monthly service fee
  • No minimum balance requirements
  • Helps establish strong saving habits from an early age
  • Monthly deposit required to maintain account***
  • $10 minimum deposit to open
  • 6 free transfers per month; $10 fee per transaction in excess thereafter***
  • Ask your area school system (Berlin, Bolton, Boylston, Clinton, Sterling and West Boylston) if they offer an in-school CSB Scratch Savings Program!

*Anyone under 18 must have a parent or legal guardian jointly on the account. The account is opened in the child's name, as well as the parent/guardian's name and both signatures are required to complete a withdrawal. In the month the student turns 19, the account will automatically convert to a Get Real Student Statement Savings Account. If you'd like your school to participate, please email marketing@clintonsavings.com.

**If this condition is not met, the bank reserves the right to convert this account to Statement Savings.

***Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by check, draft, or similar order to third parties are limited to six per statement cycle. No transfers by check, draft, debit card, or similar order to third parties. Continuation of excess transactions may result in the closing of the account.


Get Real Student Statement Savings
  • Available to students between the ages of 14 and 25
  • Offers the option of joint ownership*
  • Competitive interest on balances of $10 or more
  • Interest compounded daily, paid monthly
  • Avoid the $3 monthly service fee by receiving free eStatements
  • No minimum balance requirements
  • Helps establish strong saving habits from an early age
  • Transaction register helps kids watch their money grow
  • 6 free transfers per month; $10 fee per transaction in excess thereafter**
  • Free online banking***
  • Free eStatements***
  • $10 minimum deposit to open

*Must be at least 14 years old to open a Get Real Savings Account; anyone under 18 must have a parent or legal guardian jointly on the account.

**Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by check, draft, or similar order to third parties are limited to six per statement cycle. No transfers by check, draft, debit card, or similar order to third parties. Continuation of excess transactions may result in the closing of the account.

***Clinton Savings Bank does not charge a fee; however, standard data rates may apply from wireless provider