It's Never too Early to Learn to Save
Teach your kids that a dollar saved is a dollar...earning interest! Open this savings for kids account together — it just takes a minimum deposit of $20.
You can even waive the quarterly service fee by maintaining the low $20 minimum balance. Plus, free mobile banking lets you check on their cash even while you're on the go. Which is a good thing, because you're always on the go.
Why an OMB Youth Savings account?
Savings for kids and teens made easier with OMB
Harness the Power of Mobile Banking
OMB's industry-leading mobile banking app puts you in control of your finances in powerful new ways. Check balances, transfer funds, pay bills, deposit checks, even chat live with our friendly staff directly in the app. With enhanced digital banking features and online security, you'll wonder how you ever lived without it. Download it now!
Your 24/7 Personal Digital Branch
Payments are fast, safe and easy thanks to Zelle®. Pay your family and friends or request money regardless of where they bank.
Youth Savings Explained: How It Works
This account is designed to be opened with a parent or legal guardian of a child under 18 years old.
OMB Youth Savings accounts have a $20 minimum deposit required for opening and a $20 required balance to avoid a quarterly service charge.
Interest is both compounded and credited quarterly.
You can open an OMB Savings Account by visiting any of our 8 convenient Southwest Missouri locations. You can also request to be contacted by a branch representative.
Yes! OMB accounts come with free online banking, bill pay, and e-statements.
Yes, the interest rate on this account is variable and can change.
Annual percentage yield, or APY, is a calculation of the rate of return for your deposit over a one-year period that includes the interest rate plus compounding frequency. At OMB, you earn interest on a Youth Savings account quarterly.
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