Kids’ Savings

A kids’ savings account is a savings account designed to help children age 12 and under learn how banking works while building good money habits. Royal’s kids’ savings account gives young Members a place to deposit money from birthdays, allowances, gifts, or spare change and watch their savings grow over time.

Kid’s Club is Royal’s savings rewards program for Members age 12 and younger. Kids are automatically enrolled in Kid’s Club when they open a kids’ savings account and can receive a savings passbook, stamps for deposits, prizes, educational newsletters, and invitations to Kid’s Club events.

Some students may be able to make savings deposits at participating School $ense locations. Royal’s School $ense program operates student-run credit union locations in elementary, middle, and high schools throughout Royal’s footprint, giving students hands-on financial experience.

Yes. Royal’s kids’ savings account includes online banking, mobile app access, camera check deposit, and real-time alerts for the parent or guardian on the account. These tools can help families manage the account, and your child can get their own online banking login once they turn 13. Members under the age of 13 cannot enroll in online banking.

Yes, however they must be over the age of 13 and the parent/legal guardian must sign the ATM card application. Members under the age of 13 cannot get an ATM card.

The structure of a kids’ savings account continues unchanged as your child grows, allowing them to use the account like any other savings account even into adulthood. Young Members age 13 and up may be interested in Royal’s Smart Start Checking account, which is designed for young adults. This creates a natural next step when a child is ready to begin learning about checking accounts, debit card use, and everyday money management.