Builder Youth Banking
(formerly SmartStart)
Help kids and teens become financially literate with a Builder Youth Savings account. Build real-life, firsthand money management skills using digital savings accounts and certificates of deposit that you can add to over time.
Builder Youth Savings accounts are interest-bearing and feature:
- No opening balance requirement
- No hidden fees
- No maintenance fees
- No minimum balance
- Online and mobile banking – free with account
Interest Rates
- 1.00% APY* if balance is $99,999.99 or less.
(Balance of $0.01 is needed to earn the APY) - 2.02% APY* if balance is $100,000 to $499,999.99
- 3.20% APY* if balance is $500,000 or more
* APY is annual percentage yield. Rates are accurate as of 12/19/2024 and subject to change at any time, including after account opening. Fees may reduce earnings.
Future-ready
Certificates of Deposit (CDs) usually offer a higher interest rate than a savings account, which means that when you place money in a CD for a specified term, your saving can grow faster. Plus, they are FDIC-insured up to $250,000 per account.
Added benefit: With Builder Youth CDs, kids and teens have the option to continually add money to the account over time unlike traditional CDs.
Digital banking forward
For young customers looking for an online-first environment, the Builder Youth Savings account is a perfect fit. Whether you’re at home, between classes, or hanging out with friends, it’s easy to manage your account using our VB Online app – you are just a click away from features like:
- Depositing checks from your phone
- Connecting Apple Pay and Google Pay
- Checking your account balance
- Setting alerts for account activity
