CHILDREN’S SAVINGS PROGRAMS

Did you know the average 12 year old receives approximately 50 dollars a week?*

First Security Bank offers two children’s savings programs: Save For America and Moola Moola. These programs teach children the skill of saving, the value of money and how to budget for the future.

HOW IT WORKS

A children’s savings account with First Security Bank is a joint account with the child and a parent/guardian.

Save For America and Moola Moola savings accounts have no minimum deposit requirement because the focus of the programs is on the frequency of deposits, not the size of deposits. For every deposit children make at school they will be entered into a weekly drawing and a national drawing that is held at the end of each school year.

In addition to the features of a regular savings account, our bank employees travel to Malta Elementary School and Kindergarten every Friday during the school year. This gives your child an opportunity to make deposits and participate in our savings program with their fellow classmates.

Start Saving and Enroll today

“Saving for a rainy day is a lesson that cannot be learned too early…SAVE FOR AMERICA seeks to educate elementary school students about fiscal responsibility and develop an appreciation for the importance and benefits of saving.”
------ George W. Bush

* Source: U.S. Department of Labor
 

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