Young Savers Account

  • Available to individuals under the age of 18
  • Interest is compounded daily
  • Opening deposit of only $10
  • No minimum balance requirement
  • FDIC insured
  • There is no monthly maintenance fee.
  • Competitive rates

Note: When the minor reaches the applicable statutory age of majority, the Young Savers account will be transferred to a Regular Savings account and subject to the balance requirement and fees for Regular Savings.

  • Free Online Banking
  • Electronic Statements
  • Auto Save – set up auto transfers to a Young Savers account from your Sandy Spring Bank checking account

To open a Sandy Spring Bank Young Savers account:

  • Disclosure