UTMA (Minor) Savings

Few joys in life come with as much responsibility as parenting. As your chosen banking partner, we’ll help you start securing your child’s future by building a solid financial foundation now.

UTMA (Minor) Savings^*

You and others can give your minor(s) the gift of financial saving with i-bank’s Uniform Transfer to Minors Account (UTMA).

UTMA Savings is a custodial savings account only for the benefit of a minor. The minor has no access even at age the age of majority.

• $100 requirement to open the account
• No monthly service charge until account holder reaches 18 years of age
• Three to Six free monthly withdrawals, depending on account balance (see terms)
• 24-hour account access
• Interest on this account will be compounded quarterly

Contact i-bank for current interest rates and annual percentage yields.

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