Smart STARt Savings

Hi, I’m Balu! Welcome to Milford Federal Bank! Balu the Smart Star 

It’s never too early to teach children about the importance of saving money, and the Smart STARt Savings account is a great way to start. Upon opening a Smart STARt Savings account, children will receive a passbook which allows them to track their deposits, a star piggy bank, and an educational coloring and activity book to teach them more about banking. Smart STARt is an interest-bearing savings account, with no monthly maintenance fee.

Visit our Kids Corner for additional activities you can do with your child to teach them more about banking and saving money.


Rate may change after account is opened. $10 deposit required to open account and earn APY. Fees may reduce earnings on account. 0.10% Interest Rate and 0.10% Annual Percentage Yield (APY). Rate accurate as of 2/11/2020. Note: Proper disclosures will be given at account opening.

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