Start Saving Early
Teach Kids to Save With the Swift Savings Account
It's never too early to start saving. Watch your money grow with Independent Bank's Swift Savings account, designed for kids 18 and under.

Why Choose the Swift Savings Account?
No Fees
No fee if the account holder is under 18. After turning 18, a $12 quarterly fee applies for balances under $500.
Free Access to Your Funds
With an ATM card, digital banking app, and text banking.
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Swift Savings Account FAQs
Answers to Common Questions About the Swift Savings Account
Do I need to already have a checking account open with Independent Bank to open an Swift Savings account?
You do not need to have a checking account open with Independent Bank.
Do I need to open a Swift Savings account with a parent or guardian?
Yes, if you are under the age of 18, you will need to have a parent or guardian jointly own the account.
What kind of documentation is needed to open an account?
Your driver’s license or state-issued ID, social security number, and contact information are required to open an account. If you are a minor, an ID is not required.
Do I need to go into a branch to open an account, or can I open an account online?
You can complete an application online, or you can meet virtually or in person.
Is this account insured by the FDIC?
Yes, this account is FDIC insured — for details on what types of accounts and balances are covered, please visit fdic.gov.
Calculate your specific limits at: edie.fdic.gov.
Get More From Your Savings Account
Mobile Deposit
Skip a trip to the bank and deposit checks from your phone via ONE Wallet.
Change It Up Program
A program that rounds your debit card purchases up to the nearest dollar, and deposits it into your savings account automatically.
MoneyPass® ATM Network
We waive your fees at over 32,000 MoneyPass ATMs nationwide.
Savings Calculators
Have a savings goal in mind? Try our free savings calculators to help you get there.