Banking for kids in Eastern Iowa (Cedar Rapids, Iowa City)

Banking For Kids

Financial Literacy For Kids

Introducing your child to financial literacy early sets the stage for economic success. Here are some practical ways to make financial literacy a part of their life:

Icon for real-life transactions - a tip to teach children financial literacy.
Real-Life Transactions:

Allow your children to handle money, count change, and grasp the value of a dollar during shopping trips.

Icon for Allowance - a tip to teach children financial literacy.
Learn Through Allowance:

Use an allowance as a practical earning lesson to underline the importance of working hard.

Icon for smart spending - a tip to teach children financial literacy.
Smart Spending Habits:

Encourage them to think before buying, helping them make smarter decisions about their wants.

Icon for monthly bills - a tip to teach children financial literacy.
Discuss Monthly Bills:

Turn bill discussions into educational moments discussing household necessities vs everything “extra.”

For a more in-depth analysis of these strategies and more, visit FSB’s blog post discussing the importance of financial literacy.

Teach Children to Save

Each year, FSB proudly partners with the Teach Children to Save initiative, bringing financial lessons to community classrooms. This initiative makes financial literacy fun and practical for kids, showing them the importance of savings at an early age.

Marcia Baumann participating in Teach Children to Save in Eastern Iowa.
Jason Greenwaldt participating in Teach Children to Save in Eastern Iowa.
FSB employee participating in Teach Children to Save in Eastern Iowa.

Accounts Designed For Every Stage

Teaching financial literacy from a young age sets the foundation for saving and wise spending habits. FSB's youth accounts make finding the right fit for your child easier than ever.

Explore Youth Accounts


FSB's Youth Accounts

Start building a solid financial foundation with FSB's youth accounts.

Icon for FSB's FSBee Club Saving Account in Eastern Iowa

FSBee Club Savings

Start your child’s savings with fun events and exclusive prizes.

Key Benefits:

  • Available for ages 12 and under1

  • Open with as little as $5 and receive a $25 bonus

  • No fees—ever

  • Quarterly newsletters, birthday gifts, and more fun activities

Account Details
Icon for FSB's Youth Saving Account in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Youth Savings

Help your teen build a solid foundation & earn interest.

Key Benefits:

  • Available for ages 13–232

  • Minimum opening deposit: $5

  • No fees—ever

  • No minimum balance required

Account Details
Icon for FSB's Teen Checking Account in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Student Checking

The perfect account for students staying local or heading to college.3

Key Benefits:

  • 3 free non-FSB ATM withdrawals

  • Up to $10 ATM surcharge reimbursement per month

  • No monthly fees

  • No minimum balance required

Account Details



























Group of students look at FSB's Student Loans online.

Fund College with FSB

Through a partnership with Iowa Student Loan Education Lending, FSB offers private student loans and refinancing options.

Discover Student Loans