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Kids Only Savings Account
Good Money Habits for Kids!
Here are some guidelines that will help:
It’s never too soon to teach your kids good money management skills. Statistics show that children today have more disposable income than ever before ... and they’re spending at a rapid rate. Of course, spending is easy; but learning to save is crucial for their success in later life.
If you haven’t yet opened a savings account for your child, do it now. All it takes is a $5 membership fee and a $5 minimum deposit to a savings account. Then show your children how to make their money grow.
Help your children set savings goals, and make sure they are REALISTIC!
These may include making weekly or monthly deposits, or saving a specific amount over a period of time, or saving to purchase a special item.
Save, Spend, Share by having your child divide his/her money equally into three banks, one to spend, one to save, and one to share/donate.
SAVINGS QUICK LINKS
Term Share Certificates
Special Purpose Savings
Kids Only Savings Accounts
Direct Deposit & Payroll Deduction