«Back Personal BankingSavingsKids Accounts Get your child on the path to financial success Monitor your child’s accounts and their activity while teaching them how to be fiscally responsible with their own account. The best part is, all of this is easily available to you any time through your mobile device or computer. Our online banking and Marine Bank app conveniently give you access to your accounts whenever and wherever you need. Minor Savings Saving for Your Child Now Set your child out on the right foot financially from an early age. Your child will be a joint owner of the account, and you can help teach them the principles of banking – deposits, withdrawals, and the importance of savings! APPLY NOW Parental Guarantee Checking Teach Healthy Money Habits Today Children ages 16-17 are welcome to apply for a Parental Guarantee Joint checking account with their parent or guardian. They’ll learn the responsibility of using a debit card to access their funds and, as a joint owner, you’ll be able to see how the account is being managed. APPLY NOW UTMA Savings Save for Your Child's Future Set aside funds on behalf of a child, according to the Illinois Uniform Transfer to Minors Act. As the custodian, you are the only one with access to the funds. Once the child turns 18, we are happy to assist you and the young adult with transferring the funds to a more suitable account. To open a UTMA account, please visit any of our branch locations or give us a call at 217-726-0660 Compare All Savings Accounts for Children Minor Savings Parental Guarantee Checking UTMA Savings Age Requirements Under 18 and able to sign/print own name 16-17 Under 18 Can the minor withdraw funds? Yes Yes No Are debit/ATM cards allowed? No Yes ($300 credit, $100 Point of Sale/ATM) No Is online banking allowed? Yes, for the parent/custodian Yes Custodian may "View Only" - no transfers Are service charges waived? Yes No Yes ID required from minor to open Social Security Card, School ID (if they have one) Social Security Card, Driver's License or State-issued ID Social Security Card Other Notes This account allows multiple parents/custodians. Parent or guardian must already have an existing account with Marine Bank. This account cannot be revised once the minor turns 18. We will be happy to close this account and assist in transferring the funds to a new account. Easy ways to save Use our Common Cents Program to save without thinking about it. Learn More Junior Money Masters A fun way to teach your kids good money habits. Learn More How can we help? Our Personal Banking Team is ready to assist with your banking needs. Contact Us