Does your child or grandchild have a savings account? Consider opening a CUTMA account.

This California Uniform Transfers to Minors Act account, or CUTMA account, is a custodial account established for minors under the age of 18. The account is owned by the minor with you, the custodian, transacting on their behalf.

And, for a limited time, if you open one, we'll give you a great-looking Pacific Trust piggy bank to save up their money before depositing it into their CUTMA account.

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