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Regions Savings for Minors
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Balance Required to Open |
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Account Benefits |
- Special account for Regions customers' children or grandchildren, age 18 and younger
- Can be linked to a Regions checking account for an automated savings plan – funds can be transferred monthly, on paydays, or whenever you choose
- Watch your savings grow with Regions Online Banking
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Interest Earned |
- Compounded daily, paid monthly on collected balance
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| Interest Tiers |
- Pays interest on all balances
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Monthly Fee |
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Minimum Daily Balance Required (to waive monthly fee) |
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Statements |
- Quarterly
- Free eStatements (with check images) available with Regions Online Banking
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Bank where, when, and how you like |
- Access your account 24 hours a day, 7 days a week through Regions® Online Banking or 1-800-REGIONS
- Visit any one of our 2,000+ branches in 16 states
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Other Account Features |
- 30% discount on safe deposit box rental with an additional 10% discount for auto debit (subject to availability)
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How to Apply |
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This is a limited transaction account. Regulatory limit of six (6) transfers or payments (preauthorized, automatic, by telephone, or from a personal computer) including drafts, checks, debit card, or similar order (including POS transactions) payable to a third party from your savings account per statement cycle. The preauthorized or automatic transactions may be initiated by Telephone Banking, Regions Online Banking, or standing order. See pricing schedule for full details. There is an excessive Withdrawal/Item Fee of $3 per withdrawal in excess of 3 per month.