Custodial Accounts

Nassau Financial's Custodial Accounts may be opened for children under age 18 and used for child support, future education, or maintenance of a minor.

  • Available on regular Savings, Savers Edge, Checking Plus and Certificate Accounts.
  • Opened in child's name and irrevocable.
  • One custodian and beneficiary per account.
  • Funds released to the beneficiary at the age of 21 (unless 18 is designated).
  • Revocable Trust/Totten Trust Accounts for minors also available.