When it comes to teaching children about financial skills, it's never too early to begin.

As parents, we know you want to give your kids a head start in ensuring a successful financial future.  Apple Bank's high-yielding Youth Savings account is our way of helping you look after your children's best interests.  Plus, it's never too early to begin teaching your kids smart savings habits - - their future financial independence depends on it.  

The Youth Savings account is available to children and teens ages 6 through 17.  To open a Youth Savings account, a child must be able to write his or her name and provide one form of identification, such as a birth certificate or school photo ID.  There is a $1 minimum deposit to open this account.

The Youth Savings account is  available to children and teenagers ages 6 through 17.  Accountholders must be able to write their name and provide one form of identification, such as a birth certificate or school photo ID.  There is a $1.00 minimum deposit to open this account.  *Rates and Annual Percentage Yields (APYs) are effective as of September 3, 2019 and may be changed by the Bank at any time.  *Rates and APYs are effective at the following tiers: $5.00-$10,000: 2.96% interest rate and 3.00% APY, $10,001-$20,000**: 1.00% interest rate and 3.00%-2.00% APY.  **This $20,000 balance is  used for annual yield computation purposes only.  Balances exceeding $20,000 earn a lower APY.  You must maintain a minimum daily balance of $5.00 in the Youth Savings Account to earn interest. There is no interest paid on balances under $5.00.  The Youth Savings Account is either a passbook or a statement account.  A limit of one Youth Savings Account applies per child. Offer may be withdrawn at any time without prior notice.