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Teen Access Checking and Youth Savings

Teen Access Checking

Our Teen Access Checking is designed for youth age 13 to 19 looking for their first spending account. The account includes all the essential services a teen will need, such the Teen Access Debit Card, Online and Mobile Banking, or Zelle®. There are no monthly service charges, no minimum balance requirements, no check writing and no overdraft limit or fees. A simple, straightforward checking solution that helps your teen learn to manage their spending.

Youth Savings

Building healthy money habits and setting savings goals starts here! Youth Savings is designed for children and teens 19 and under and teaches that even small savings, over time, can add up. No monthly fees, no minimum balances, and a great rate on the first $1,000 to boost your first savings.


Teen Access Checking

Youth Savings 

Initial deposit required to open an account $50 $50
Minimum balance required None None
Monthly Service Charge None None
Paper Statement Fee
Service charge waived with enrollment in eStatements.
Debit Card n/a
Earns Interest No Yes. Earn our best rate on your first $1,000. See rates below for additional tiers. 
Online Banking, Mobile Banking and Bill Pay
Age Requirement1 13-19 19 and younger
Automatic Conversion Converts to Essential Checking at age 20 Converts to Personal Savings at age 20
Visit your local branch to get started Find a BranchRetionship Checking

Youth Savings Rates

Open Now

Refer to our Miscellaneous Fee Schedule and other disclosures for complete details and fee information.
Requires a joint owner over 18 years of age

Bank on the Go

Save time and money with online banking, bill pay and our mobile app.

Start Here

This information is for your ZIP Code of 49048

Product offerings and features may differ among geographic locations. With your ZIP code, we can make sure you see accurate information. To change the location, click on the zip code above.

Educational Resources for Teens, Parents, Guardians or Others

Money Smart for Young People
  • The FDIC's Money Smart for Young People series consists of four free curriculum products.
Money Milestones for Teenagers and Young Adults
  • Skills, habits, and attitudes you can observe in your teenager or young adult from the Consumer Protection Bureau.

5 Star RatingPeoples Bank is rated 5-Stars by Bauer
Rating as of March 2023