Teach Your Kids the Value of Saving Money
It’s never too soon to start teaching your kids how to save effectively. With a New Frontier Bank Kid's Savings Club, your child can save money and earn prizes when they make deposits to their Little Ranchers Savings Account. Stop into one of our offices to sign your child up for the Kid’s Savings Club.
Kid’s Savings Club Account Details
- Open a new checking account and we’ll open a Little Rancher's Savings Account for your child with a $10 donation from New Frontier Bank
- Requires no average daily balance
- Variable interest paid on principal balance, interest calculated daily, compounded and credited monthly
- Limit of six preauthorized transfers each month. Withdrawals or transfers to another account owned by you in our bank made by mail, messenger, ATM, or in person are not subject to these limitations. (Excessive withdrawals - $10.00 each)
- No ATM card will be issued
- Your child earns Pony Bucks with each deposit they make in person, up to age 11.
- Pony Bucks can redeemed in branch for cool prizes.
- Upon the child’s 18th birthday, the account will convert to a Regular Savings account and will be subject to the terms of that account.