How to Open a Bank Account for a Minor - Cadence Bank Opening a bank account for a minor is a great way to teach children about financial responsibility and savings Here are five tips to help you navigate the process of getting youth involved in banking:
Custodial Accounts for Minors: Your Complete Guide Both parents can be the custodians over an account for one child Although a checking account can be a custodial account, most people pursue custodial accounts for minors for the purpose of investing You can open a custodial account just like any other bank account, but you do need to find a bank that offers custodial accounts
Best Savings Accounts For Kids in November 2025 - Kids Banking Savings accounts for kids are generally divided into two categories: custodial accounts that parents manage for their kids until they’re adults and joint accounts that parents and their kids manage together No matter which option you need, the best savings accounts for kids involve high interest rates, low fees and a trusted bank