A savings account for youngsters can introduce them to the idea of putting money away and even help them learn about concepts like compound interest. They can deposit money from birthdays, holidays, ...

The Alliant Kids Savings Account requires an initial deposit of $5, which the credit union will cover for you. The account pays 3.10% APY, but it earns no interest if the daily balance falls below ...

Financial literacy for kids is critical to impart at a young age to instill money-management skills and habits early on. Understanding money and financial concepts helps kids make informed decisions ...