It's never too early to teach the importance of saving! Open a youth account to help your child learn banking fundamentals and the value of saving while being rewarded.
Benefits of a First Community Youth Savings Account:
- Establishes your membership with First Community
- Ideal for young members under 18
- Only $1 required to open
- Earn competitive dividends1
- No monthly maintenance fee
- Members 13 and older can have a checking account with a debit card if a parent or guardian is listed on the account
- Enjoy cool features, prizes and rewards for school performance
- Ages 0 to 12 automatically enrolled in Rising Stars
- Ages 13 to 18 automatically enrolled in GenNow
Once your Youth Account is opened and you become a member, you will be able to enjoy many perks and benefits!
See our Youth Programs below.
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Blues Youth Savings Program
As the Presenting Partner of St. Louis Blues Youth Hockey, we are extremely proud to offer this exclusive youth program to our members. The Blues Youth Savings Program is available to all kids 18 and under.
FEATURES
- If the account holder has completed the Little Blues Learn-to-Play program, we will deposit $10 when you bring in proof of Little Blues program completion*
- We will deposit $5 to the sibling's account of each Little Blues participant*
CURRENT PROMOTION: Any child who completes the Little Blues Learn-to-Play program can receive a 50% reimbursement1 of the fee upon completion of the program.
150% of the paid program fee will be reimbursed to the child's First Community Youth Savings account upon submission of program completion certificate. They must show proof of completion and have a Youth Savings account. Subject to end without notice.
Rising Stars Program
Members are automatically enrolled in Rising Stars, a savings account program that encourages smart saving habits and financial responsibility using fun tools and rewards for saving.
Our Rising Stars program is intended for young members from birth through age 12.
S.avings
T.eamwork
A.ctivities
R.eport cards
S.chools
Special Features
- Savings folder — earn stickers for each $10 deposit and redeem for a prize once the folder is filled*
- Quarter saver card
- New account gift
- Invites to exclusive youth events at discounted prices
Report Card Reward Program**- Dollars for A's!
Students under 12 earn $1 for every 'A' (or equivalent) they receive on their report card. Visit your nearest First Community branch and we'll reward them for their hard work!
- Trimester Schedule: Report cards can be presented after the 1st and 3rd trimesters.
- Quarter Schedule: Report cards can be presented after each semester (2nd and 4th quarters).
- Semester Schedule: Report cards can be presented after each semester.
Please see the guide below for a list of eligible subjects. We realize subjects and categories vary and these are the most common examples.
- Language Arts - Reading, Writing, Grammar, Spelling, Speech
- Math
- Science
- Social Studies - History, Geography, Civics, Economics
- Electives - PE, Health, Art, Music, Theater, Drama, Choir, STEM, Foreign Language, Family and Consumer Science (Home Ec)
*Every $10 deposit earns a sticker. Reach $200 to receive a special prize each year. Prize redeemable upon request and only for deposits made within the previous 12 months. Only one prize per year.
**The report card rewards program begins with the kindergarten report card. $1 is rewarded for each ‘A’ (or equivalent) in the subjects mentioned; branch management discretion will be used as subjects and categories vary. Rising STARS will receive deposit at time of report card submission. Deadline for all report cards is August 31st following the completed school year.
GenNow Program
Members are automatically enrolled in GenNow, a savings account program designed to help students learn the basics of managing their own money. Teens 13 and older can choose to receive a debit card to learn the fundamentals of spending. Additionally, they can enjoy exclusive perks to having their own account.
Benefits
- Members 13 and up can have a checking account if a parent or legal guardian is listed on the account
- Debit cards are available with a checking account to students 13 and older
- Mobile deposit within mobile banking*
- Gain access to gamified financial literacy with Zogo-Learn and Earn!
Honor Roll Program
We reward students through their Senior year of high school for receiving good grades. Teens receive 2 movie tickets to Marcus Theaters each semester (or 1st and 3rd trimester) for making their school's A/B Honor Roll.**
Visit your nearest First Community branch and provide proof of this accomplishment and walk out with your movie tickets! Proof includes a letter of recognition, a certificate or a report card from your school showing all A's and B's for the semester.
We recognize and honor the hard work you’re putting in!
*Terms and conditions apply for mobile deposit. See our digital banking page for more information.
**Two tickets given per semester or trimester. If you are on a semester schedule, report cards are accepted after each semester, but the deadline is August 31st. If you are on a trimester schedule, report cards are only accepted after the 1st and 3rd trimester (Fall and Summer). Deadline for all report cards is August 31st following the completed school year.
Custodial Savings Account (UTMA/UGMA)
A deposit account established pursuant to the Uniform Transfer to Minors Act (UTMA) or Uniform Gift to Minors Act (UGMA) which are used to hold assets for minors until they reach the age of majority in their state. Accounts cannot be opened online, only in a branch.
Please note: We no longer offer new Minor Trust Accounts.
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Cool Tools just for You!
Want to learn more about money management and prepare for your future? Check out our partnership with Zogo - Learn & Earn and access gamified content in online banking!
1Dividends calculated daily, paid quarterly; $25 minimum balance to earn dividends