They grow up so fast. Thankfully, there's a banking program that grows with them. And goes with them.
Designed specifically for kids ages 8-17, NextGen is a great way to introduce kids to banking and help them learn the value of money. In addition, NextGen provides safe and convenient access, special savings programs, and as much parental control as you wish.
Features and benefits include:
- NextGen Checking Account 1
- NextGen Savings Account with Tiered Interest 2
- Florence Bank VISA Debit Card 3
- Round-Up Savings Plan 4
- Annual Birthday Bonus 5
- Monthly Savings Reward 6
- Mobile Banking App
- Online Banking Access
- And more!
Please note that online account access for a child under 13 requires separate parental permission to collect the child's personal information. This is a requirement of the Children’s Online Privacy Protection Act (COPPA).
Open yours today.
To open a NextGen account, stop by any of our 12 convenient branches today.
1 No monthly service charge, maintenance fee, or inactivity fee. No check writing privileges. A parent or guardian is required to be a signer on the account. A minimum deposit of $10 is required to open the account. Requires a NextGen Savings Account.
2 No monthly service charge, maintenance fee, or inactivity fee. The Annual Percentage Yield (APY) for balances up to $500.00 is 1.00%. The Annual Percentage Yield (APY) for balances over $500.00 is 0.50%. A minimum deposit of $10 is required to open the account. Requires a NextGen Checking Account.
3 Reduced ATM/Point-of-Sale (POS) limits. Parental control via Card Controls.
4 All Point-of-Sale (POS) purchases rounded up to the nearest dollar, and the difference is deposited into a savings account. NOTE: This is an optional feature.
5 An annual birthday bonus payment of $5.00 will be paid on the last day of the statement cycle of the child’s birthday month for eligible account holders between the ages of 8 and 17. The bonus payment will be credited to the NextGen Savings Account.
6 Deposit a minimum of $20.00 in a NextGen Savings Account during a monthly statement period and receive a $2.00 bonus payment. Round-up deposits, birthday bonus payments, regular bank deposits, ATM deposits, direct deposits, and new account deposits are included in calculating the $20.00 deposit total. The bonus payment will be credited to the NextGen Savings Account.
