May 13, 2013
P A W S INVESTMENT REWARDS INCENT YOUNG SAVERS AT GUTHRIE COUNTY STATE BANK
May 13, 2013 — Whether it’s a short-term goal like a new bike or a long-term goal like a dependable high school car, it’s never too early to teach kids the power of saving their dollars, quarters and even their pennies. Guthrie County State Bank announces the launch of P A W S – Pennies Are Worth Saving – accounts. Specifically for customers up to age 18, P A W S accounts are savings accounts that earn interest and reward young savers for every deposit made to their account.
Young savers opening their P A W S account do not need to meet a minimum balance. They will receive a prize card and with each deposit made, the child receives one punch on their card. The third week of each month is double punch week for deposits. Every 12 punches earns a sweet treat (ice cream cone or cookie) and every $250 in savings earns a new prize. Other benefits of the P A W S account include:
- detailed account statements showing recent transactions and interest earned
- lower minimum balance ($500) to open a Certificate of Deposit for a higher rate of interest
- free use of the coin counters at both Guthrie County State Bank locations
- free ATM card (subject to credit approval)
P A W S savings accounts require a parent or legal guardian to be a joint account holder. Contact either Guthrie County State Bank location in Guthrie Center or Panora for more information. Guthrie County State Bank is Member FDIC and is an Equal Housing Lender.