Custodial Accounts

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  • A custodial account can be opened on behalf of a minor by a designated custodian. The custodian controls the funds in the account until the account is closed or the minor reaches the age of 21.
    • $5.00 minimum balance required
    • Dividends compounded daily & credited quarterly
    • Free E-Statements
    • The minor does not have access to the funds in the account