Community Kids Savings
It's NEVER too early to START SAVING!
- Only $1 to open
- No minimum balance
- No annual or monthly fees*
- Available to anyone under age 18
- We pay for A's! * *
*After six withdrawals per quarter, $2 fee per withdrawal will apply.
** Available only with a Community Kids Savings Account.
*Pays for A's program is available to children and young adults who hold a Community Kids Savings Account, enrolled in an accredited school in grades 1st through 12th, and can provide an official copy of their report card. For every "A" or the highest earned grade as notated by the grading scale on the report card, UCB will deposit $5.00 per "A", or the highest earned grade for each academic class (not conduct grade) to the student's Community Kids Savings Account. Rewards/Bonuses are eligible to be received once per semester depending on each school's grading period. Students must submit their current report card to a UCB branch prior to the release of their next semester's report card. For example, once we begin processing 2nd semester report cards, we will no longer be able to accept 1st semester report cards. Students will have until July 31 of each year to turn in their final report card. The reward/bonus will be credited to the students' account within 30 days of the submission date. The parent or legal guardian must be present with a student under 18 years of age to claim the reward/bonus. The value of these bonuses may constitute taxable income and will be reported on IRS Form 1099 (or other appropriate form). Program rules subject to change at any time.