$50 minimum balance to earn dividends (rate is variable)
Kids' Savings Account
Help your child learn the importance of managing money and saving for a rainy day. Our Kids’ Stanford Savers Account has a low $1.00 opening deposit and no monthly fee. A parent or guardian is required as a joint account owner.
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|Account Description||Dividend Rate||Annual Percentage (APY)|
|Kids' Stanford Savers Account||0.20%||0.20%|
|Coverdell Education Savings Account (ESA)||0.20%||0.20%|
*Consult a tax advisor. Dividends are compounded and paid monthly. Membership eligibility is required.