Youth Accounts
Give your kids the financial building blocks they need.
Smart Limits
Our youth accounts are structured so that kids earn more financial responsibility as they get older.
Allowance Transfers
Skip the cash and transfer money right into your child’s account (even when they’re in college).
Online Banking
Get full control over your SouthPoint accounts with Online Banking.
Establish Credit
The first-time auto loan and low-available-balance credit card program helps adults 24 and under establish their credit.
Start Saving for College
Meet with a financial advisor and learn how to start planning ahead for your child’s future.
Dollars for A’s. For every “A” (or highest letter grade achievable) your kid earns on their report card we’ll deposit $1 into their account (up to $5 total). Student must bring their report card to any SouthPoint location prior to the end of the next quarter. The funds will be deposited into their new or existing SouthPoint savings account. Elementary School Students (up to age 11) must have savings and eStatements – money will be directly deposited into their savings account.
Birthday Postcard! Every year during the month of your child’s birthday we’ll deposit $1 into their account and send them a “Happy Birthday” postcard!
| Product | Minimum | Maximum | Rates |
|---|---|---|---|
|
EzStart Account
|
$0
|
$5000
up to
|
1.00%
APY*
|
|
$5001
|
$5001 +
|
0.20%
|
EzStart Teen Account
The early teen years are a great time to establish a savings habit and start learning about personal finance. We’ll show teens how to manage their finances and reach their financial goals – and have fun doing it! Benefits include:
Dollars for A’s. For every “A” (or highest letter grade achievable) your kids earns on their report card we’ll deposit $1 into their account (up to $5 total). Student must bring their report card to any SouthPoint location prior to the end of the next quarter. The funds will be deposited into their new or existing SouthPoint savings account.
| Product | Minimum | Maximum | Rates |
|---|---|---|---|
|
EzStart Account
|
$0
|
$5000
up to
|
1.00%
APY*
|
|
$5001
|
$5001 +
|
0.20%
|
Ez$ Savings and Checking
With our Ez$ Savings teens can earn higher interest than a regular savings on amounts up to $5,000. To open this account, teens will need to have a SouthPoint checking account, debit card and e-statements. Benefits include:
Dollars for A’s. For every “A” (or highest letter grade achievable) your kids earns on their report card we’ll deposit $1 into their account (up to $5 total). High School Students (age 16-18) must have savings, eStatements, Checking and Ez$ Savings – money will be directly deposited into their Ez$ savings account.
Free Checking with Debit Card (requires an adult joint owner if under 18). Add eStatements to your account and learn all about checking and how to use your own debit card.
VISA Credit Card. Start building positive credit history and learn how to manage credit before graduation. Uses SouthPoint’s low, non-variable rate VISA Credit Card (requires an adult co-applicant when under 21).
| Product | Minimum | Maximum | Rates |
|---|---|---|---|
|
Ez$ Savings and Checking
|
$0
|
$5000
up to
|
1.00%
APY*
|
|
$5001
|
$5001 +
|
0.20%
APY*
|
Ez$ Savings and Checking
With our Ez$ Savings young adults can earn higher interest than a regular savings on amounts up to $5,000. To open this account, young adults will need to have a SouthPoint checking account, debit card and e-statements. Benefits include:
Free Checking with Debit Card. Add eStatements to your account and get your own debit card.
VISA Credit Card. Start building positive credit history and learn how to manage credit. Uses SouthPoint’s low, non-variable rate VISA Credit Card (requires an adult co-applicant when under 21).
| Product | Minimum | Maximum | Rates |
|---|---|---|---|
|
Ez$ Savings and Checking
|
$0
|
$5000
|
1.00%
APY*
|
|
$5001
|
$5001 +
|
0.20%
APY*
|