Student & College Savings
We created these free savings accounts - with no minimum balance requirements - to help students establish good savings habits early. Student Savings is available to children and students ages 17 and under; College Savings is designed for students 18 to 22.
- Summary
- Interest compounded daily, paid quarterly; see our rates page for current rates
- No monthly service fee
- No minimum balance requirements, other than the initial deposit to open the account
- Only $10 minimum deposit to open account
- Complimentary online banking, and eStatements
- Can be used as overdraft protection on a Seattle Bank checking account
- Limited to six pre-authorized or electronic transfers per month (includes online banking and telephone transfers); excess withdrawals subject to $3 fee per item
- Accepts direct deposit or auto transfer from other Seattle Bank accounts
- Unlimited ATM and in-person withdrawals
