This is a savings club specifically designed to help children ages new born to 12 years learn the value of saving money in fun and educational ways. The account encourages children to save money and teaches them how a financial institution works. Some of the benefits and features of this account are: Minimum deposit to open a share (savings) account is $25.00, dividends paid quarterly with no minimum balance requirements, the primary account holder must have a social security card and an eligible adult has to sign as a joint owner and a special newsletter designed especially for the primary account holder and statement are mailed on a quarterly basis.