Youth account gets national notice

Nerdwallet.com has ranked Mid American’s Preferred Youth Savings Account as one of the top youth and teen accounts among credit unions in the nation.

In its blog post listing the top credit union youth accounts, it noted, “Mid American Credit Union’s Preferred Youth Savings account offers your teen 0.50% APY, more than 5 times the national average APY for savings accounts.”

Mid American’s youth accounts, which earn dividends and have no fees, are available to anyone age 24 and younger.