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Home Savings Accounts Minor First Class Savings

Minor First Class Savings:

This account provides a great way to save money for a minor child’s future financial needs.

A safe place to put your money
Earn higher interest on higher balances
Under the Florida Uniform Transfers to Minor Act the account must be opened by an adult custodian and is not accessible to the minor without consent of the custodian until the minor attains the age of 21
Any withdrawals by the custodian must be used for the minor's benefit
Transaction limitations apply.
Interest rate earned is based on the following balance tiers:

Up to $9,999.99
$10,000.00 - $24,999.99
$25,000.00 - $49,999.99
$50,000.00 - $299,999.99
$300,000.00 - $999,999.99
$1,000,000.00 and over

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