What is The Lil’ D. Savings Club?
The Lil’ D. Savings Club is a totally new savings program at The Geo. D. Warthen Bank that is structured just for children. This account teaches them that saving money is important… it can even be lots of fun.
We all know that telling children the importance and the benefits of saving money will only get us so far. The most effective way to put the theory into practice is to start the education process early. And, what a better way to do this than by enrolling them into a fun filled & exciting new club all their own.
That is why The Lil’ D. Savings Club, an interest bearing savings account, is a wonderful tool for both parents and grandparents. This program introduces children to money management techniques and also creates excellent savings habits that will last a lifetime.
If you have been looking for a fun and engaging way to help teach your children or grandchildren the importance of saving money—join the club!
Who can join?
The Lil’ D. Savings Club is open to children up to age 12, with a minimum deposit of $10.00 to open the account. (The child will be the “owner” of the account, but a parent, grandparent or other adult will need to be “joint owner” of the account).
If your child already has a Geo. D. Warthen Bank Savings Account, simply ask one of our Customer Service Representatives to convert your child over to The Lil’ D. Savings Club. No additional deposit is required.
What do Members get?
When a child becomes a member of The Lil’ D. Savings Club, they will receive a Membership kit with everything they will need to properly manage their own money.
Here’s what’s included:
- The Lil’ D. Savings Club account register
The Lil’ D. Savings Club benefits include:
- A Lil’ D. Dollar will be awarded for every $5.00 deposit you make. Lil’ D. dollars may be used to buy prizes
- Chances to visit The Lil’ D. Treasure Closet when you collect 2, 5, 10, 15, 20, 50, 75 & 100 Lil’ D. Dollars
- Members of The Lil’ D. Savings Club will earn a Lil’ D. Dollar for each “A” they make at the end of each semester (please bring report card for verification)
- For members who receive straight A’s at the end of each semester, the bank will deposit $5.00 into their account (please bring report card for verification)
- Special stickers with every deposit
- A special Lil’ D. birthday card sent to you on your birthday
- The ability to view your account on our internet banking site at www.gdwbank.com
- Birthday celebration each year with Lil’ D.
- There is no minimum balance to maintain and no service charge for this account
- You may withdraw from this account up to two (2) times per quarter and any withdrawal thereafter will be charged a $2.00 excessive withdrawal fee per withdrawal
- The opportunity to make saving a fun and positive experience
- A solid long-term plan: The Lil’ D. Savings Club is available until the child’s 13th birthday, at which time the account balance is transferred to a T- Cash Savings Account.
What are you waiting for… Visit The Geo. D. Warthen Bank and talk to any one of our Customer Service Representatives, and we will get you set up to start saving today!
The Geo. D. Warthen Bank has an array of products to meet the financial needs of your entire family—whether checking, savings, loans or investments.
The Geo. D. Warthen Bank
216 N. Harris St.
Sandersville, Ga. 31082
The Geo. D. Warthen Bank - Branch
603 S. Harris St.
Sandersville, Ga. 31082