font size:

Student Savings

Teach them to budget today, and they’ll have a lifetime to save smart. A Monroe Bank & Trust Student Savings Account allows you to keep money in a safe place while it earns a little interest each month.

Features and Benefits

  • Designed for younger savers who are 17 and under..
  • Minors can open an account for as little as $1.
  • Unlimited teller transactions.
  • Interest compounded daily.
  • Quarterly account statements allow students to see how their funds are earning interest.
  • Free eLink Internet Banking means students and parents alike have convenient 24 hour access to your account.
  • Access to "MBTeam" members offers personalized service.
  • Anyone can deposit – only the parent or guardian can withdraw funds.
  • Visit our online links for more helpful information for students, parents and teachers.

Save Early, Save Often

Help your children get a head start today on saving for tomorrow. With an MBT Student Savings Account, children learn how to safely budget their money. Interest builds daily, so junior account holders can see their funds grow!  

Parents, friends and family can deposit funds into an MBT Student Savings Account at anytime – which is especially nice around birthdays and holidays.  

Children can watch their savings grow, but only parents can withdraw funds. You’ll get access to the account through MBT’s 7-24 Banker ATMs, and free eLink Internet and PhoneLink telephone banking. Plus the support of an MBTeam member for truly personal service.

Best of all, to start a student savings account, you don’t have to “break the bank”: Accounts can be opened for as little as $1!

 

Need Help?
search

find out more

find out more