Youth Savings

The thought of a newly-minted-18-year-old armed with a credit card and no idea how to use it is enough to make any parent lose sleep. A Youth Savings account from Blue Ridge Bank not only allows your child to set aside money, it also builds a foundation for smart money management later in life.

Don't play Russian roulette with your money. Set your child up for future success today with as little as $10. Just think of the interest earned as a little collateral for all the future IOUs.

We pay for good grades!

Bring in your student's report card each grading period and we'll deposit $5 into his/her Youth Savings Account for each report card with an "A".

  • Available to young savers under 18 years old*
  • Provides a solid foundation for money management later in life
  • Competitive interest on entire balance
  • Interest is compounded and credited quarterly
  • Avoid the $2.47 monthly service fee by maintaining a $10 minimum balance
  • 6 free withdrawals per month; $12.99 per transaction in excess thereafter
  • Free online banking
  • Free eStatements
  • Paper statements available for $1.39 per month
  • $10 minimum deposit to open

View our current rates.

*A parent or legal guardian must jointly be on the account for minors under the age of 18.