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Child on dad's shoulders
Personal Savings

Teach your kids how to manage their money and you’ll kickstart a life of good savings habits.

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The proof’s in the numbers.

Deposit as little as $20 each month and watch your savings grow—even after a short time.

Starting balance: $0
Year 1: $240
Year 2: $480
Year 3: $720      
Year 4: $960  
Year 5: $1,200

Growing money graph
per month
Age requirement  Under 18 (with co-owner over the age of 18 years of age jointly owned by minor and parent/guardian)
Minimum opening balance  $5
Minimum daily balance to earn interest


Minimum monthly balance requirement  $0
Monthly service charge  $0

Features and Benefits

Just $5 to open

Visit any Midland States Bank and open a YouthSavers account with as little as $5 and start your child on the pathway to financial success.


No fees

No need to keep a whole lot of money in the account—the YouthSaver account is free from monthly maintenance fees.



Automatic savings

Share in your child’s savings goals by setting up automatic transfers from your Midland checking account.


Convenient access

Enjoy building your child's savings with unlimited deposits.* Money is there when you need it! 



With Midland YouthSaver, you can always expect:

  • FDIC insured up to the maximum coverage allowed.
  • Free online, mobile and touch-tone phone banking
  • Secure online statements


Some restrictions may apply. A $40 fee will be charged when account is closed within 180 days after opening. Foreign ATM fees by ATM owners other than Midland States Bank will be charged as the fee occurs. Bank rules and regulations apply. A minimum daily balance of $0.01 is required to obtain the disclosed Annual Percentage Yield (APY) Accrual of interest on noncash deposits will begin no later than the business day Midland States Bank receives credit for the deposit of noncash items (for example, checks). Account limited to individuals under the age of 18 years of age. Upon account owner reaching 18 years of age, account automatically changes into FlexSaver account. Fees could reduce earnings. Standard data and text message rates apply. 1Account is to be jointly owned by a minor and a parent/guardian.