Highest Youth Savings Account Rates in Iowa
26 Iowa-specific products

Rate applies when the account's monthly requirements are met, which are one or more deposits each month and enrolment in eStatements and online banking. The disclosed yield applies to balances below $25,000.01; a balance at or above that amount is paid a lower rate.

A withdrawal fee of $0.50 applies to each debit transaction over three in a calendar month. That is half the six-a-month allowance a savings account usually carries.

A $1.00 fee applies to each debit transaction above six in a calendar month.

A $5 monthly service charge applies if the available balance falls below $50.

Children aged 12 and under are enrolled in the bank's Money Tree Club automatically when the account is opened.

The account holder must be under the age of 14. The account is opened in person at a branch.

Transactions above two per statement cycle cost $2.00 each.

The stated APY applies to balances up to $5,000. The balance above that earns the bank's statement savings rate.

The bank opens this account only for clients aged 22 or younger, and converts it to the F&M myWay savings account on the client's 23rd birthday. Three withdrawals or transfers are free each quarter, and each one after that costs $5.

The account must be opened in a branch jointly with an adult. It converts to a Personal Savings account when the holder turns 18.

The stated top rate applies to daily balances up to $5,000. Balances above $5,000 earn a lower rate.

For account holders age 18 and younger. The account converts to a regular Savings account, which has a minimum balance requirement, when the holder reaches age 18 unless the holder requests otherwise.

Variable rate. The APY can change at any time.