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Woody Savers Club
Woody Savings Passbook
Woody Savers CD

 

 





Woody Savers Club  

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
  Main Office
  Third Saturday of the Month
   
Children's activities provided. Monthly project!

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Woody Savings Passbook  

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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Woody Savers CD  

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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