At Uwharrie Bank, we understand the importance of financial education and empowerment for young individuals. That’s why we offer our special Youth & Student Savings account, designed to help young people and students (up to the age of 23) start their savings journey. With no minimums and no monthly fees, this account makes it easy to develop healthy saving habits and watch your money grow.
Account Features
- Earns Interest: Your savings will earn interest, helping your money grow over time.
- Online Banking: Convenient access to your account anytime, anywhere through our online banking platform.
- Mobile Banking: Manage your savings on the go with our mobile banking app.
- eStatements: Opt for paperless statements for added convenience and environmental friendliness.
- Direct Deposit: Set up direct deposit for added convenience in depositing funds.
Terms and Fees
- No Monthly Fees: Enjoy your savings without worrying about monthly account maintenance fees.
- No Minimum Balance: Start saving with any amount; there’s no minimum balance requirement.
Youth and Student Savings Rates
| Balance | Annual Percentage Rate (APR) | Annual Percentage Yield (APY) |
|---|---|---|
| $0.01 and above | 0.25% | 0.25% |
Elevate Your Banking Experience
Ready to start teaching good financial habits? Open up your Uwharrie Bank Youth and Student Savings Account today.
Let’s Get Started
Experience the difference of banking with Uwharrie Bank. Contact us at 800.438.6864 or visit one of our convenient locations to speak with one of our representatives.
*Interest is earned on the collected balance less reserves. Rates are subject to change daily. Fees may reduce earnings. Call 800.438.6864 or visit your local branch for current rates and terms.