You don’t have to wait until your children are teenagers to begin teaching them about the value of saving. We designed our Kids Savings School to be a fun way to teach kids good saving habits. (Come to think of it, we know some adults who could use this too.)
The best part? It’s easy to join and free!
If you have children ages 12 and under, they can join today.1 All you have to do is open an Avadian Kids Savings School account for your child and deposit at least $5. If they already have an Avadian Savings Account, you may request to convert it to our Kids Savings School. Click here for a Kids Saving School Conversion Form.
Benefits of being a member of the Kids Savings School include the following:
A special wristband and a “school” book
Fun-filled adventures with Professor Finneas, Penny the Fish, Cash the Seahorse, and Richie the Octopus that offer lessons on money
Opportunity to "fish" for a gift every time they make a deposit in a branch
Quarterly dividends on balances greater than $1002
Developing a lasting relationship with Avadian, making it easier to apply for other products and services as they grow
Automatic conversion when they turn 13 to our Edge Savings Account for Teens that will teach valuable money-management skills
Parents hear a lot these days about financial literacy. The Kids Savings School is a great way to teach your children about money, right from the beginning. The sooner they learn the value of saving, the better off they’ll be financially as adults.
1 Must still meet membership eligibility requirements. Click here to view.
2 Dividends are calculated by average daily balance method of $100 or more and are credited and compounded quarterly.