UTMA (Uniform Transfer to Minors Act) Savings

Save for your child’s education or other expenses and earn up to 1.50% APY!1
Start a Savings for any minor, regardless of relationship 24/7 Digital Banking access Open by phone or in branch

Our UTMA Savings Is a Great Way to Build a Safety Net for a Child While Keeping the Funds Protected

The child will only have access to the money you set aside for them when they reach the age of majority, making it simple to save for education, travel, housing, and more.2 Because money placed in an UTMA account is owned by the child, earnings are generally taxed at the child’s tax rate, which is typically lower than the tax rate for adults.3 Unlimited contributions are also permitted, so you can save as your budget allows.4
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