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Get free advice about DROP rollover options – from the professionals at Suncoast Trust & Investment Services.
Banks return profits to stockholders; credit unions return profits to members!
Suncoast is a not-for-profit financial cooperative, which means that profits are returned to members… lower rates on loans, higher earnings on deposits and more free services!
Uniform Transfers to Minors Accounts (UTMA)
With a custodial account, established under the Florida Uniform Transfers to Minors Act, you can start saving for a child's future today.
Whether you are a grandparent, parent, guardian, aunt or uncle, you can open a
savings
,
checking
,
certificate
or
money market account
for a child under the child's social security number. The custodian is responsible for all account transactions and can withdraw funds only for the benefit of the named minor.
Uniform Transfers to Minors
Minimum to Open:
$0.00
Rate Type:
Variable
Dividend Rates:
Account Balance
Rate
APY
$0.00 - $999.99
$1,000.00 and greater
The
Uniform Transfers to Minors
has a minimum to open of
$0.00
. The dividends are compounded
Monthly
and credited
Monthly
Effective as of: 7/17/2012 . Rates are variable and may change after the account is opened.
TERMS AND CONDITIONS MAY CHANGE WITHOUT NOTICE
*APY = Annual Percentage Yield
Fees may reduce the earnings on accounts.
Equal Housing Lender
, Your Savings Federally Insured to at least $250,000 & backed by the full faith & credit of the U.S. Government
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