CHILDREN'S ACCOUNTS

To Wellesley Bank, investing in our community includes its youngest members - kids! Teach your children to save with this account that is both educational and fun. Your child gets:

  • piggy bank or coloring book gift when the account is opened
  • Passbook to track savings
  • bonus interest rate above our regular Passbook savings account
  • no annual or monthly maintenance fee
  • unlimited free withdrawal and deposit transactions
  • free online access for inquiries
  • no minimum balance required[1]
  • all deposits insured in full to any balance[2]
  • free access to our coin counter
  • and, of course, lollipops

For details and current rates, please email to info@wellesleybank.com or call your branch: (781) 235-2550 x7600 for Central Street or (781) 235-2550 x7630 for Linden Street.

[1] No minimum balance is required to open or keep account open; however, a minimum balance of $10 is required at all times to earn the APY stated for the account.

[2] The FDIC insures each depositor to at least $250,000 through December 31, 2013. The Share Insurance Fund insures all additional deposits.