I have a savings account through a credit union with a $5 minimum and no requirements. Check out the CU's in your area that he is eligible for. They are extremely helpful, and very personal. Most have one way or another of being eligible. (Mine is associated with my company, but allows any contract company doing business with us, along with several "related" businesses, like the restaurants that many people frequent, to also be eligible.) Some are geographical, and accept working and church membership in their area as being in their geography, even if you don't live there.