HCSB Kids Enhancing financial literacy knowledge and awareness

Kids Bank Offerings

The Stages of Youth Banking

Super Kids Savings Account

Birth to 10 years

FEATURES
HCSB Super Kids Eligibility: Birth to 10 years old and have an adult co‐owner on the account.

Variable Rate Information: Your interest rate and annual percentage yield may change.

Frequency of Rate Changes: We may change the interest rate on your account at any time.

Determination of Rate: At our discretion, we may change the interest rate on your account.

Compounding and Crediting: Interest will be compounded on a daily basis and credited to your account on a monthly basis.

Minimum Balance Requirements:

To Open the Account: You must deposit $10.00 to open the account.

To Avoid the Imposition of Fees: A service fee of $1.00 will be imposed every month (statement cycle period) if the balance in the account falls below $10.00 on any day of the month.

To Obtain the Annual Percentage Yield Disclosed: You must maintain a minimum balance of $10.00 in the account each day to obtain the disclosed annual percentage yield.

Balance Computation Method: We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal balance in the account each day.

Accrual of Interest on Noncash Deposits: Interest begins to accrue no later than the business day we receive credit for the deposit on noncash items (for example, checks).

Transaction Limitations: Please refer to our Electronic Funds Transfer Disclosure for Visa Debit Card usage and transaction limitations, a copy of which has been provided to you or is available upon request.

When Your Account Will Convert: Your account will convert the month following your 11th birthday.

Conversion of Account: Your account will automatically convert into a Statement Savings – HCSB Teen account.

Teen Savings Account

11 to 15 years

FEATURES
Teen Savings Eligibility: 11 to 15 years old and have an adult co‐owner on the account.
Variable Rate Information: Your interest rate and annual percentage yield may change.
Frequency of Rate Changes: We may change the interest rate on your account at any time.
Determination of Rate: At our discretion, we may change the interest rate on your account.
Compounding and Crediting: Interest will be compounded on a daily basis and credited to your account on a monthly basis.
Minimum Balance Requirements:
To Open the Account: You must deposit $10.00 to open the account.
To Avoid the Imposition of Fees: A service fee of $1.00 will be imposed every month (statement cycle period) if the balance in the account falls below $10.00 on any day of the month.
To Obtain the Annual Percentage Yield Disclosed: You must maintain a minimum balance of $10.00 in the account each day to obtain the disclosed annual percentage yield.
Balance Computation Method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal balance in the account each day.
Accrual of Interest on Noncash Deposits: Interest begins to accrue no later than the business day we receive credit for the deposit on noncash items (for example, checks).
Transaction Limitations: Please refer to our Electronic Funds Transfer Disclosure for Visa Debit Card usage and transaction limitations, a copy of which has been provided to you or is available upon request.
When Your Account Will Convert: Your account will convert the month following your 16th birthday.
Conversion of Account: Your account will automatically convert into a Statement Savings – HCSB Graduate account.

Graduate Savings Account

16 to 25 years

FEATURES
Graduate Savings Eligibility: 16 to 25 years old and have an adult co‐owner on the account. Adult co‐owner can be removed with proper consent noted in our records, when minor reaches the age of 18.

Variable Rate Information: Your interest rate and annual percentage yield may change. Frequency of Rate Changes: We may change the interest rate on your account at any time.

Determination of Rate: At our discretion, we may change the interest rate on your account.

Compounding and Crediting: Interest will be compounded on a daily basis and credited to your account on a monthly basis.

Minimum Balance Requirements:

To Open the Account: You must deposit $10.00 to open the account.

To Avoid the Imposition of Fees: A service fee of $1.00 will be imposed every month (statement cycle period) if the balance in the account falls below $10.00 on any day of the month.

To Obtain the Annual Percentage Yield Disclosed: You must maintain a minimum balance of $10.00 in the account each day to obtain the disclosed annual percentage yield.

Balance Computation Method: We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal balance in the account each day.

Accrual of Interest on Noncash Deposits: Interest begins to accrue no later than the business day we receive credit for the deposit on noncash items (for example, checks).

Transaction Limitations: Please refer to our Electronic Funds Transfer Disclosure for Visa Debit Card usage and transaction limitations, a copy of which has been provided to you or is available upon request.

When Your Account Will Convert: Your account will convert the month following your 26th birthday.

Conversion of Account: Your account will automatically convert into a Statement Savings account.  At that time, you will need to refer to the non‐youth Truth In Savings Disclosure.

Student Flex Account

Checking Account with Debit Card – 11 to 15 years

FEATURES
Monitor your child’s debit card account online!
Student Flex Checking Eligibility: Must be at least 11-15 years old. An adult co-owner is required. (Non-Interest Debit Card Only)

Minimum Balance Requirements:

To Open the Account: You must deposit $10.00 to open the account.

To Avoid the Imposition of the Monthly Service Fee: No service fees will be imposed on this account.

There is no charge for your First Basic or Personalized Debit card at time of account opening.

See our separate Fee Schedule referencing additional non-account related fees.

* Overdraft/Returned Item fees may apply.

When Your Account Will Convert: Your account will convert the month following your 16th birthday.

Conversion of Account: Your account will automatically convert into a Keep Your Money Checking Account. At that time, you will need to refer to the Keep Your Money Truth in Savings Disclosure.

Transaction Limitations: Please refer to our Electronic Funds Transfer Disclosure for Visa Debit Card usage and transaction limitations, a copy of which has been provided to you or is available upon request.

► Click here to view Student Flex Truth in Savings PDF.

Keep Your Money Account

Checking Account with Debit Card – 16 years +

FEATURES
Open this account with as little as $10.

1 free order of basic wallet checks per year.

First basic or personalized debit card at no charge.

No monthly service fee.

Additional Services available.

Click below to download our Just for You Savings Account PDF for more infomation.

Just for You Savings Account PDF

Financial Literacy Project

Hancock County Savings Bank is proud to partner with several area schools, providing a structured Financial Literacy curriculum, primarily focused on 4th grade but also working with older students.

Research shows that students who have access to high-quality financial education have better financial outcomes as adults that result in less debt and higher quality of life.

Check our HCSBank.kids page often to see what programs are available in your area.

Kids Coloring Pages

Hey Kids! Stop by our Chester or Weirton location and pick up a coloring page.

Or download a copy here!

Bring it back and we’ll display your artwork!

By partnering with EVERFI, our goal is to strengthen the community with financial literacy for students, maximizing student knowledge on critical financial topics and build financial capability. EVERFI delivers branded, interactive financial education courses on behalf of your financial institution at no cost to the school, students, or community.

HCSBank.kids