Finally you can teach your children or grandchildren about saving money with our children's account. The account is open to all children under the age of 16.
- This account is subject to certain restrictions under the UGMA rules.
- There is no minimum balance and no monthly service fees.
- No minimum amount is required to open an account.
- No minimum amount is required to obtain the Annual Percentage Yield.
Rates for
Young Savers
| Savings | Interest Rate | Annual Percentage Yield |
| Young Savers | 0.05% | 0.05% |
Rates effective
1/25/2021. Rates subject to change. Fees may reduce earnings.
No minimum amount is required to open an account or to obtain the Annual Percentage Yield.