FAMILY BANKING

Here to set your kids up for success every step of the way.

You probably don’t want to think about your kids growing up. But when they start to leave the nest, you’ll be thankful you prepared for it — and so will they. We’re here to help you figure it all out. From opening an account to teaching healthy money habits, we’ll help guide you and your kids throughout their journey.

Check out the benefits

Live Local Help When You Need It

24/7 Digital Banking

Fully Insured Deposits

An Early Start To Good Financial Habits

Next level banking for the next generation

PROGRAM	AGES	PROGRAM BENEFITS	GET STARTED
All Star Savers¹	0-13	This Savings account program is a great way for kids to learn about saving money, and includes fun activities and events, plus prizes for each deposit made to the account to encourage savings! Savers get their very own passbook to track their balance.	Open an account in person at any branch.
Tuition Rewards²	0-18	Join this program as soon as possible after your child or grandchild is born to begin earning college tuition rewards for your child. Your rewards are based on the total dollars you have on deposit at Dedham Savings. Eligible relations include children, grandchildren, nieces, and nephews as well as great/grand relations, step-, God- and adopted children! When the child attends a participating college, your earned rewards offset tuition costs.	Register online here.
Student Checking³	13-24	This free account includes a Debit Card and free ATMs anywhere, making it the perfect account no matter where your student heads off to school or work. Free Mobile Deposit makes it easy to deposit birthday and graduation checks and Zelle® makes it easy to send friends their share of the take-out bill, rent payment, and other shared costs. And, students can earn a $50 bonus when they graduate from high school!	Open an account in person at any branch.
Start Up Savings⁴	16+	Everyone needs an emergency fund. This account is meant to help the younger generation start saving for emergencies or large expenses, such as apartment rental security deposits, and includes a special high rate for the first $1,000 in the account.	Open an account online anytime.
Credit Card⁵	18+	For someone hoping to establish credit, our Secured Card⁵ helps those just starting out build solid credit habits and includes access to credit score monitoring. Read our helpful article about Debit Cards versus Credit Cards.	Apply online anytime.

¹All Star Savers: Minimum deposit to open account is $10.
²Tuition Rewards: Students must be registered in the Tuition Rewards program prior to August 31st of the year that the student begins 12th grade. Students cannot earn, or receive points after August 31st of the year that the student begins 12th grade. A student’s Tuition Rewards must be submitted within ten (10) days of application to any Participating College. Must register at www.TuitionRewards.com to participate.
³Student Checking: Minimum deposit of $10 required to open account. Available to new Student Checking clients only, aged 13-24 years. At age 25, account will automatically convert to Free & Easy Checking. $50 minimum deposit required to receive debit card. To receive graduation bonus, a graduation diploma or certificate (dated after account opening) must be presented at any Dedham Savings location. Bonus will be deposited to account upon presentation of certificate or diploma. One offer per client. A 1099 will be issued for tax reporting purposes. ATM rebates are applied no later than the following business day of the transaction.
⁴Start Up Savings: Minimum deposit of $25 required to open account. Must be opened with funds not currently on deposit at Dedham Savings. Rates guaranteed until 12/31/25, and subject to change thereafter. Online statements required within 30 days of account opening, or account will revert to standard Statement Savings account. One account per client. Limited time offer. Fees may reduce earnings. Deposits are insured up to current FDIC (Federal Deposit Insurance Corporation) limits and by the DIF (Depositors Insurance Fund) for all additional balances, up to any amount.
⁵The creditor and issuer of this card is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc., and Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Subject to approval.

Your kids will continue to grow.
And we’ll grow with them.

Digital Banking

With digital banking and free ATMs anywhere, we make it easy for kids to manage their account — because otherwise they won’t do it. And, you can easily track their account 24/7 or transfer money between your funds and theirs. Step 1? Just download our app.

Exceptional Support

While we’re not technically family, we’ll treat you like it. We’re always here to help you or your kids over the phone or in-person when you need to open an account, tips for saving, or anything else.