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Student Savings
A savings account for students that earns interest from day of deposit to day of withdrawal. All transactions are recorded on a monthly statement or in a passbook.
Product Features & Benefits:
• Your balance earns a variable interest rate.
• Interest is compounded daily.
• It’s a joint account so parents or guardians can contribute to the account
(at age 15, the student can have an individual account with parental consent).
• Withdrawals require the signature of student and parent or guardian until student reaches age 18
(or 15, if parent or guardian release joint signature requirement in writing).
• We'll automatically convert your Student Savings Account to a regular Dime Savings Account on your 23rd birthday, or upon graduation from an accredited college or university. No need to change accounts.
• Unlimited FREE deposits and withdrawals.
• Free Dime ATM Card (parental consent requirement for ages 15 to 17) and Free Dime Debit Visa® Card
(ages 18 and older only) available on all statement type accounts (checking account also required).
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