Some banks and credit unions pay very high interest rates on their kids savings accounts. Find out if your child qualifies.

As of writing, Ultra Savings earns 4.85% APY, regardless of your account balance. You need a $1,000 minimum deposit to open an account but after that, you don't have to maintain any balance to ...

Boeing Employees Credit Union: Up to 6.17% APY This high 6.17% APY account also comes with a sizable catch: It only applies to the first $500, with the remaining balance earning a rate closer to ...

The America First Credit Union Money Market Savings Account may be ideal if you're able to maintain a high balance on your account. Account balances over $5,000 earn higher interest than the ...

Earn 5.85% APY on the first $1,000 deposited into a high-yield savings account at this Massachusetts-based credit union. Unfortunately, accounts exceeding $1,000 will earn as little as 0.03% APY.

Among the best high-yield savings accounts, a top rate is currently offered on the Digital Federal Credit Union Primary Savings account, which has a 5.50% APY on the first $1,000, after that, earn ...

SALT LAKE CITY — If you need help in financially guiding your teen, look no further than your local bank or credit union.