Saving for Your Child's Future

mom day and two young kids at kitchen table putting money in piggy bank talking about utma accounts

Set aside funds on behalf of a child, according to the Illinois Uniform Transfer to Minors Act. As the custodian, you are the only one with access to the funds. Once the child turns 18, we are happy to assist you and the young adult with transferring the funds to a more suitable account.


If you'd like to open a UTMA account, please visit any of our branch locations or give us a call at 217-726-0660


More information on a UTMA account:


Age Requirements Under 18
Is more than one custodian allowed? No
Does the minor sign a signature card? No
Are debit/ATM cards allowed? No
Is online banking allowed? Custodian may "View Only" - no transfers
Are service charges waived Yes
ID required from minor to open  Social Security Card
Other Notes This account cannot be revised once the minor turns 18. It must be closed and a Marine Bank employee will be happy to assist in transferring the funds to a new account.

Easy ways to save

Use our Common Cents Program to save without thinking about it.

Learn More

mom and young girl on couch talking about savings using the common cents program

Junior Money Masters

A fun way to teach your kids good money habits.

Learn More

Young boy in living room stacking coins to become a Juior Money Master

How can we help?

Our Personal Banking Team is ready to assist with your banking needs.

Contact Us