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Best Savings Account for Kids – Asheville, NC

Personal Finances 2 min read

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If you have kids, one of the most valuable lessons you could teach them is the value of a dollar. But just like anything else, you don’t want to settle for just any old savings account. You want the best savings account for kids.

In Asheville, North Carolina—First Bank is the solution and our convenient locations can provide you with only the best for the people who matter most in your life. We have savings accounts to fit the needs of every customer, even your children. Our mission at First Bank was to create the best savings account for kids and we’re confident we’ve done just that with MyFirst Savings.

MyFirst Savings is a savings account for First Bank customers under the age of 18 designed to help kids learn basic savings skills while providing a small nest egg at the same time. After learning the value of saving, the account can then be used to put toward college, a car or any other expenses that come along as they grow into adulthood.

How First Bank Built the Best Savings Account for Kids in Asheville

Just some of the reasons why MyFirst Savings is the best savings account for kids in Asheville, North Carolina include:

  • Only a $10 deposit is needed to open the account.
  • You can make two withdrawals per month free of any First Bank fee..
  • The account earns interest on any balance.
  • Enjoy free online and mobile banking and free paper or electronic statements each month.
  • There is no monthly maintenance charge for the account.
  • You can set up alerts via phone call, text message or email to notify you of account activity.

We all want what’s best for our kids, and First Bank is no different. Our friendly banking experts at our six Asheville locations can help your child take their first step toward financial success. Visit our MyFirst Savings account page to learn more about the best savings account for kids in Asheville, NC and even download a free coloring book for your young one!

While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply.  Withdrawal fee of $2 each after the first two during the month. Federal regulations limit withdrawals of preauthorized transfers to two  per month, including checks, drafts, online transfers, telephone transfers and debit card purchases.

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