PORTSMOUTH, N.H. — Northeast Credit Union is counting on MyFunds to help prove it pays to start saving young.
The innovative savings account is designed to reward early savers from birth to age 22 with an Annual Percentage Yield of 5.13% on the first $500.
The MyFunds savings account has no monthly maintenance fees, can be opened with as little as $5, allows automatic deposits or electronic transfers from a parent or guardian NECU account, convenient online access and includes an ATM/debit card for students away at college.
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