Why do you need a bank account if you have Piggy?
He sits in your room quietly every night. He looks
pretty friendly but he’s guarding something very valuable to you. It’s your piggy bank! He has been a good friend to you and your money, but now that you are older you are probably ready for a real Guaranty Bank savings account!
Even though banks seem like they are just for grown-ups, they’re for kids too. Banks can help you save money and learn about money too. Piggy can’t do that!
Banks keep your money safe – once your money is in the bank it cannot be lost, stolen or misplaced.
Your money grows faster in a bank - because the bank pays you interest. What is interest? It’s the money a bank pays you to keep your savings there.
Out of sight, out of mind – That means when you don’t see something, you don’t miss it. When your money is in a bank account instead of in your room, you won’t be tempted to spend it impulsively.
Still think bank accounts are boring? Not so fast… our Free and Easy Kids Club is lots of fun. It rewards kids with prizes* when they add money to their Free & Easy Kids Club savings account! Ask about it the next time you come into the bank with Mom or Dad!
*Prizes available while supplies last.
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