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Little Savers Club (Ages 0-3)

Visual Education

Studies show that kids at this age learn by touching and seeing money. Kids need to see money to understand the concept.

  • Kids need to put coins in jars or piggy banks and watch it grow.

  • Kids need to enjoy paying for items at the store.

  • Teaching kids they need to save to purchase items is a strong learning tool for your child.

  • Gothenburg State Bank will provide piggy banks to all members of the Little Savers Club to assist with the visual savings experience.

  • By enrolling your child, they will automatically be entitled to transition to the future phases of the Kids Accounts

Crayon Account (Ages 4-9)


Building a Financial Foundation

Kids ages 4-9 will be introduced to the benefits of having a savings account.

  • We will provide educational material from the Dave Ramsey Company that specializes in financial education for both youth and adults. Dave Ramsey is a nationally recognized expert in financial planning.

  • When your child signs up for the Crayon Account, they will receive the Teaching Kids About Money kit free of charge.

  • Free box of crayons and an educational coloring book.

  • Monthly coloring contests and quarterly newsletters.

  • Savings account deposit book.

  • Account deposit rewards (toys and books).

  • High yielding Kids Savings Account.

Super Savers Account (Ages 10-13)

Reinforce and Reward

Kids ages 10-13 will be rewarded for regular deposits made to the account. It is important for your child to put to work all the financial education they have received.

  • Each year on July 1, Kids Account members will have the one time option to sign up for a Super Savers Account. This is a High Yielding Kids Savings Account.

  • This deposit only account requires a monthly deposit of at least $25 to maintain this exceptional interest rate.

  • This exceptional rate will reinforce the benefit of investing and saving money for today and for the future. This is a perfect time to learn these concepts before opening their first checking account.

  • Teaching financial responsibility is our number one goal!