Savings vs. Checking Accounts: Which Should You Use?

Teenagers often seek more financial freedom. Our Financial Outfitters Accounts are designed to help members 13 and older develop sound financial habits while providing them with the flexibility they want when it comes to spending and saving money.
Whether you choose an Outfitter Savings Account, Outfitter Checking Account, or both, you get access to products and services that provide them with convenience and security.
An added bonus of having a Financial Savings Account with Peak is the chance to win monthly cash prizes. If you make a deposit of any amount during any calendar month into your Outfitter Savings account, you’ll be entered into our monthly random drawing for a $50 cash prize. Winner is not required to be present for drawing. If you win a monthly drawing, $50 will be deposited into your Financial Outfitters Account. Details and qualifications apply.*
Members under 18 will need a parent as a joint owner on their accounts. The parent or guardian joint owner must opt in to the drawing program before the account is eligible for the $50 monthly drawings. You can opt in by calling us at (800) 258-3115 or visiting a branch.
View the current rates, terms and conditions.
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