Student Savings
Student Savings
A great account to introduce young bankers to the benefits of saving. A parent or guardian must be a secondary owner of the account.
Account Details
- $25 Minimum Opening Deposit
- No minimum balance requirement
- No monthly service charge
- The primary owner of the account must be less than 18 years of age at the time of the account opening
- Interest is calculated on the daily balance and credited and compounded to the account monthly
- Premium interest rate on balances up to $1000.00 to encourage good savings habits
- MoneyPass® ATM Network. No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM)
Features & Benefits You've Come to Expect
✓ 24-hour Access
✓ Budgeting Tool
✓ Mobile Banking
✓ Personal Payments