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Last Updated: 04/18/2025

Capital Bank Youth Savings Account

in Savings Accounts from Capital Bank

Last Updated: 04/18/2025

Capital Bank Youth Savings Account logo
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APY (Annual Percentage Yield)

N/A

Minimum Opening Deposit

Starting at $1

Minimum Balance to Earn APY

$1

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Capital Bank Youth Savings Account Review

Capital Bank Youth Savings Account is offered by Capital Bank, a bank founded in 1995 and based in Albany, NY. Capital Bank Youth Savings Account are available in 2 states.

Key Takeaways

  • Small minimum initial deposit. You only need $1 to open an account.

Capital Bank Youth Savings Account Pros & Cons

Capital Bank Youth Savings Account FAQ

Are savings accounts from Capital Bank federally insured?

Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Capital Bank offer a signup bonus?

Capital Bank Youth Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Capital Bank Youth Savings Account?

The minimum deposit to open a Capital Bank Youth Savings Account is $1.

What APY does Capital Bank Youth Savings Account offer?

Capital Bank Youth Savings Account is not an interest-bearing account.

What fees does Capital Bank Youth Savings Account charge?

Capital Bank Youth Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.
  • Outgoing domestic bank transfers come with a $25 fee.
  • Incoming domestic bank transfers come with a $15 fee.
  • Outgoing international bank transfers come with a $40 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $15 fee.

What features and perks does Capital Bank Youth Savings Account offer?

This savings account includes the following features:
  • Mobile Banking Services - Capital Bank Youth Savings Account allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to Capital Bank Youth Savings Account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Capital Bank Youth Savings Account?

The customer support email for Capital Bank Youth Savings Account is contactgroup@chemungcanal.com.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

132 State Streen
Albany, NY 12207
Visit Site

Hours of Operation

Sunday
Closed
Monday
8:00AM - 5:00PM
Tuesday
8:00AM - 5:00PM
Wednesday
8:00AM - 5:00PM
Thursday
8:00AM - 5:00PM
Friday
8:00AM - 5:00PM
Saturday
9:00AM - 1:00PM

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