BIG dreams Start small
Financial Success at Any Age Starts Here
We believe it’s never too early to start learning about money. Whether your child is just beginning to understand coins or your college student is managing their first budget, we’re here to help every step of the way.
Explore our youth savings accounts, student checking options, and financial literacy tools tailored to every age group.
Empowering the next generation with smart money habits through savings accounts, student checking options, and financial literacy tools tailored to every age group.
Account Options for Every Stage
Kids Savings Account
The perfect savings account for kids learning to save.
- $10 to open an account
- No monthly maintenance fee or minimum balance requirement
- Free gift with account opening
- Joint ownership for parent, grandparent, or guardian (under 18 required)
- Convenient eStatements for parents/guardians
- Automatic Savings Plan option – automatically transfer an allowance from parent’s checking or savings to kid’s savings account
- Free kid-friendly financial literacy to learn healthy money habits early
- Free birthday gift each year up until your 18th birthday
Student Checking Account
Smart banking for teens and college students.
- $10 to open an ccount
- No monthly maintenance fee or minimum balance requirement
- Free gift with account opening
- Joint ownership for parent, grandparent, or guardian (under 18 required)
- Convenient eStatements for students, parents, guardians
- Free debit card and digital wallet option
- Easy Online & Mobile Banking
- Account Text Alerts
- Parental controls available for lower debit card and transaction amount limits and merchant controls
- Automatic savings plan option – automatically transfer an allowance from parent’s checking or savings to kid’s savings account
- Free financial literacy and budgeting resources to help students save and plan for their futures
- Free birthday gift each year up until your 18th birthday
Financial Literacy Resources
Money lessons made simple through activity sheets, budgeting worksheets, blog articles, and more. Check out our financial literacy resource hub for kids, teens, and college students.
Elementary Students
We make learning about money exciting and fun with educational tools like printable activity sheets, savings vs. spending activities, tips for parents about allowance and spending, and budgeting basics and goal setting.
High School Students
Helping students feel confident about money management with real-world tools like debit card safety, basic budgeting, managing part-time income and expenses, planning and saving for college, and understanding credit scores.
College Students
Financial independence starts now with resources to help you with advanced budgeting and financial planning, understanding credit building and debt management, online financial safety, student loans and repayment options, and introductions to buying a home and saving for retirement.
Frequently Asked Questions
What’s the minimum age to open a kids’ savings account?
Children can open a youth savings account with a parent or guardian as a joint account holder starting at any age.
Can I link my child’s account to mine?
Yes! Parents/guardians can monitor and manage their child’s account through our online and mobile banking tools or by calling your local branch.
Are there any fees for the student checking accounts?
No monthly maintenance fees and no minimum balance for our student checking account or our youth savings account.
Related Resources
Personal Checking
Manage your money your way. Our checking accounts provide the flexibility to meet your lifestyle and financial needs, letting you manage your money more effectively.
Learn more
Personal Online & Mobile Banking
Banking on the go is easy with Midwest Bank. With our Online & Mobile Banking solutions, you have access to mobile deposit, bill pay, account alerts, and so much more. Manage your debit cards, track your spending, and easily send and receive money from friends and family.
Learn more