Beyond algebra and history, it’s the lesson of savings that your child will use throughout their life. Teach them the money management skills they’ll need with our hands-on account.
Features & Benefits
Earn More Interest On Up to $500
Show them that saving really does pay off. Balances up to $500 earns a higher interest rate that grows their savings even faster.
No Monthly Maintenance Fee
Monthly charges won’t get in the way of the savings — because you’ll never need to pay a monthly fee.
Free ATM Card
Need to make a withdrawal? Accessing your child’s savings is as simple as using a Northeast ATM card.
Easy Transfer Options, So You Can Help Them Save
Whether it’s a birthday check from grandma or their weekly allowance, it’s easy to move money into this account.
Teach Kid About Money Management
Help your young saver master its ins and outs, from deposits to withdrawals and everything in between.
Student Savings Rates
Type | Interest Rate | APY |
---|---|---|
Up to $500 | 1.00% | 1.00% |
$500+ | 0.01% | 0.01% |
Rates effective as of May 2, 2024
Their Account Is Just a Click or Call Away
Any questions? Feel free to call us at888-436-1847
Annual Percentage Yield (APY) is accurate as of date listed above, and is subject to change without notice.
The Regular Share Savings account is used to establish membership at Northeast Credit Union and is a great basic savings account to help you reach your savings goals. A $5 minimum balance must be maintained.
See our schedule of fees for details on fees and charges associated with Savings Accounts. Fees may reduce earnings.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
In addition, these accounts will also be insured up to an additional $125,000 by ESI, which means the combined total coverage for your accounts could be up to $375,000.