Kids Banc Account
Banc of California is committed to helping future generations get started on the right foot.
A New Way To Save
With no minimum opening deposit required, our Kids Banc Account is specifically designed for young savers and future entrepreneurs. Your child will receive monthly statements and learn about finances while watching their balances grow.
Unlimited In-Branch Transactions!
Make deposits and withdrawals anytime-with no transaction limits or monthly service fees at any of our Southern California branch locations.
Special Kids Banc Account Rates
Currently paying 3.00 APY* for account balances from $0.01 to $9,999.99. Now, that’s special!
For more information about our Kid’s Savings Account, please see a branch representative or call 877-770-BANC (2262)
*Annual Percentage Yield (APY) is effective as of 8/1/2017 and is subject to change daily. Minimum balance to earn the stated APY is $0.01. Current rates/tiers: $0 to $999.99 – 3.00% APY, $1,000 to $2,499.99 – 3.00% APY, $2,500 to $9,999.99 – 3.00% APY, $10,000 or greater – 0.10% APY. Fees may reduce earnings.
A 1099-INT will be generated and reported to the IRS at year end. Eligible for minors 17 years old or younger. Minor must have a valid U.S. Taxpayer Identification Number. Other rules and restrictions may apply. See branch for details. No minimum opening deposit is required.