Alabama Telco Credit Union
 

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Kids Savings School

At Alabama Telco Credit Union, we believe you’re never too young to start learning about the importance and value of money. That’s why we have decided to offer a unique savings club just for kids. Our Kids Savings School is a fun way for kids to learn about money and develop good savings habits. The best part is it’s free and easy to join.

If you have a child under the age of 12, they can join today.* All you have to do is open an Alabama Telco Kids Savings School account with the child and put in at least $5. If the child already has an Alabama Telco Savings Account, then you may request to convert it to our Kids Savings School. Click here for a Kids Saving School Conversion Form.

Benefits of being a member of the Kids Savings School includes:

  • As an official student of our Savings School, kids will receive a special wristband and a “school” book.
  • Kids will have fun learning about money as they share in the adventures of Professor Finneas, Penny the fish and Cash the seahorse.
  • Kids can play games, learn fun facts and do other cool stuff on our special Kids Savings School website. We even have a section for adults to go to that offers tips on how to raise financially savvy kids and information on how to refer a friend or school to the program.
  • Kids will receive a special gift every time they come into the branch to make a deposit.
  • Kids and their families will enjoy special discounted prices to the Georgia Aquarium. (Click here to learn more.)
  • Kids and their families will enjoy a special discount on a year-round pass to the McWane Science Center in Birmingham, AL. (Click here to learn more.)
  • Kids can participate in our special contests and promotions. Click here to view our latest contest and previous winners.
  • Like our standard savings account, our Kids Savings School account will earn quarterly dividends on balances greater than $100.
  • Kids will develop a lasting relationship with Alabama Telco, making it easier for them to apply for other products and services as young adults.
  • When Kids Savings School students turn 13, their KSS account will automatically convert to our Edge Savings account for teens. Kids will learn valuable money-management skills and continue to develop a lasting relationship with Alabama Telco, making it easier for them to apply for other products and services as young adults.

There is no time like the present to take an active role in your child’s financial education. The sooner our children learn the value of saving, the better off they will be financially! We encourage you to sign your kids up today for our Kids Savings School. Click here to visit our Kids Savings School website for more information.



Dividends are calculated by average daily balance method of $100 or more and are credited and compounded quarterly.
*Must still meet membership eligibility requirements. Click here to view.

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