Personal Banking

Tower Savers Account Fast Facts

Young Savers Learn Financial Confidence

First Commonwealth strongly believes in promoting the financial confidence of children and teens in our community. We’re committed to living our mission of improving the financial lives of our neighbors and their businesses and have developed a program that helps children learn to manage their money effectively. Our Tower Savers program includes classroom modules and our Tower Savers account offers a broad range of benefits to help local teens prepare themselves for a successful financial future.

Features Benefits

Accessible & Convenient

  • Access to Online Banking 1 free of charge
  • Account information can be linked to a parent's account for convenient access in one online portal
  • Free monthly statement

Educational & Fun

  • Online calculators facilitate financial responsibility
  • Savings register helps track saving and spending
  • Valuable savings tips and lessons available in our offices and online
  • Tools facilitate financial vocabulary, money management skills and concepts

Flexible & Affordable

  • Suitable through age 21
  • No minimum deposit to open2
  • No monthly service charge through age 213
  • Tiered interest rates will help to accelerate savings

1We don't charge for these services but standard message, data, and internet service provider rates may apply.
2First deposit must be made within 45-days for account to remain open.
3There is a monthly service charge of $3 once the child reaches age 22, which can be waived by maintaining a minimum daily balance of $200.

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