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 Woody
Savers Club
Woody
Savings Passbook
Woody
Savers CD
The Woody Savers Club at the Bank
of Elmwood can make saving money both fun and educational. Woody,
the robotic Club mascot, encourages children to develop good savings
habits at an early age!
| Visit
Woody at the Bank of Elmwood: |
10:00 am - noon |
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Main Office |
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Third Saturday of the Month |
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Children's activities
provided. Monthly project!
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As a Woody Savers Club member, the child is
entitled to use a special teller window just for Woody Savers. Club
members receive a Woody Savers Club Kit that includes...
- a membership card
- passbook
- hat
- and many other surprises!
When you open a passbook savings with $50.00,
membership is free.
Woody Savers Club members are also invited
to participate in several special functions that Woody hosts during
the year.
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Parents, Grandparents, Aunts and Uncles...
You as an adult, play an important role in
teaching your child good habits. One way to develop good savings
habits is to encourage your child to start saving when they're young.
The Woody Savers Club at Bank of Elmwood can make saving money both
fun and educational. To enhance our existing savings program, we've
added the Woody Savers CD!
How does the Woody Savers CD work?
- Custodial Certificate of Deposit set up
with the child's Social Security number
- Minimum deposit to open account
$500.00 (less than the regular three year CD minimum)
- Competitive annual percentage yield
- Minimum "Add To" deposits accepted
$100.00 (only CD with "Add To" feature)
- Term of 36 months
- Interest credited and compounded quarterly
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