Bethpage Youth & Young Adult Accounts
Studies have shown that teaching kids the value of money at a young age makes them more likely to develop great savings habits, and more likely to make better financial decisions as they grow older.
A Bethpage Youth or Young Adult account is a great way to get them started!
- 3.00% APY* on the first $1,000
- Only $5 balance to open†
- Custodial Accounts available
- No minimum balance or monthly fees
- Free Checks
- Free Debit Card
*Annual Percentage Yields (APYs) effective and are subject to change without notice. Additional verification may be requested for Youth or Young Adult Savings Account opening. Program and terms subject to change. 3.00% APY is earned on balances up to $1,000; balances higher than $1,000 earn .35% APY. Fees or other conditions could reduce earnings. Consumer accounts only. Certain restrictions may apply. At the age of 18, Youth Savings Accounts are automatically converted to Young Adult Savings Accounts. At the age of 21, Young Adult Savings Accounts are automatically converted to a basic savings account. Youth Savings Account - ages 17 and under. You Adult Savings Account - ages 18-20. Youth Checking ages 15-17 and Young Adult Checking - ages 18-20. At age 18, Youth Checking Accounts are automatically converted to a Young Adult Checking. At the age of 21, Youth or Young Adult Savings Accounts are automatically converted to a basic Savings Account and Youth or Young Adult Checking Accounts are automatically converted to an adult Free Checking Account.**Limit 1 Boogie Board per person that opens a Youth or Young Adult Savings Account. Boogie Board offer valid until 09/30/2017 or while supplies last. Redeemable for accounts opened in-branch only. †Membership requires a $5 minimum share account.