*SpencerKids is a custodial savings account for children under 18 years of age. The interest rate for the SpencerKids Savings Account is 2.25%. APY is the Annual Percentage Yield. Interest is compounded daily and credited monthly. $1.00 minimum deposit required to open account and earn the stated APY. $100,000 is the maximum deposit. APY is subject to change without notice. APY offered as of today's date and may be withdrawn at any time. Rates are subject to change without notice. Each depositor is insured up to $100,000 by the FDIC.