Salem Five Bank is offering a $10 savings account bonus to kids under 18 years of age who opens a Salem Five Gold Star Saver Account. It’s a cool offer as it encourages kids to save money and learn how to manage their finances.

Here is how it works. If you are a kid under age 18, you are eligible for this offer and all you need to do to get the $10 savings account bonus to add up to your savings is to open a Gold Star Saver Account with Salem Five Bank. Salem Five will then match your first $10 deposit with a $10 savings account bonus.

The good thing about Salem Five Gold Star Saver account is that it’s an interest-bearing savings account with no fees. A free gift also awaits you at account opening and you only need $10 to get started. However, ATM Card is only made available with parental authorization.

Salem Five Bank has numerous locations in Massachusetts.

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