My MSB Kids Club Savings | Machias Savings Bank in Maine
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My MSB Kids Club

It’s Never too Early to Invest in the Future

Teach your child the foundations of healthy money habits.

Open Account Open an MSB kids club account View Rates for our MSB kids club

My MSB Kids Club

Start Your Child off on the Right Financial Foot

Our interest-bearing savings account for kids age 17 and under is a great way to teach your child the importance of saving. This account offers valuable features like:

  • $1 minimum opening balance
  • No minimum balance requirements
  • Free eStatements and paper statements
  • Interest bearing account
  • We will send your child a birthday card each year
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More Details About My MSB Kids Club

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Free Use of Coin Machines

Put your child’s piggy bank to good use with free use of the coin machines at multiple MSB locations. Find a MSB near you to take advantage of this perk.

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Unlimited Transactions

Transfer money in and out of your child’s account as often as you wish with unlimited transactions.

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Online and Mobile Banking

Use our MSB Online to keep an eye on your child’s finances or have them look at their account with you from your phone or desktop.

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Financial Health

Our online lessons offer an easy and convenient way for your child to learn more about the importance of finances.

Frequently Asked Questions

The following are frequent questions regarding our online savings account for children. If you have any further questions, please visit our Customer Support page.

What Does My Child Need to Open an Account Online?
To open a new account for your child online, you will need the following:
  • Your mobile phone number
  • Your email address
  • Your child's social security number
  • Your valid driver's license or state-issued ID
To open an account for your child, you must be at least 18 years old and a Maine resident or existing customer.
What Happens When My Child Turns 18?
When your child turns 18, their account automatically converts to a My MSB Savings Account. You will receive a notification via email when your child's account changes.
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My MSB Checking

If you’d like to open an account for yourself, we encourage you to explore our My MSB Checking Account. This interest-earning account offers cash-back rewards on all debit card transactions and have no minimum balance or monthly fees, providing a flexible checking option.

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MSB Health Savings

Make the most of your high-deductible health insurance plan with an MSB Health Savings Account. These interest-earning accounts are a great way to save and earn while planning for any medical expenses you might face.

Learn More Learn more about MSB health savings
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My MSB Savings

Start planning for the future today with an MSB Savings Account. Our easy-to-use savings account has no minimum balance or monthly fees, providing a simple way to take control of your finances.

Learn More Learn more about MSB savings
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