Burke & Herbert Bank Kids' Savings Account
It's never too early to teach your children about the importance of saving money. It's also a great way for them to learn value. A Burke & Herbert Bank Kids' Savings Account makes banking fun for children by offering them incentives for good financial behavior, such as quarterly prize drawings and birthday surprises. With as little as $10 to open (that's only a couple of visits from the tooth fairy!) and no monthly fees, we make it easy for them to get started. And with Online Banking, it's easy for you to keep track of their savings.
I'm RUNYON, the Burke & Herbert Bank mascot. Yes...me...the parrot.
When Taylor Burke Jr. brought me home, Mrs. Burke said, "the bird goes, or I go." So Taylor Jr. put me to work in the bank. I started in customer service, but it wasn't quite my thing. I reviewed loan applications for a while, but that line of work didn't appeal to me either. So Taylor Jr. made me the spokesmodel. I've been in newspaper ads, on t-shirts and even on the radio. I'm a celebrity in town. But of course you knew that.
Here's how it works:
When your child (17 & under) opens a Kids' Savings Account, they automatically will be a part of our Kids' Savings Club. As a Club member, they are eligible for our Quarterly Rewards Drawing* where they can win money or a cool prize, like a Nintendo Wii. Club members receive an entry for every $25 in a single deposit during the quarter.
Kids' Club members also enjoy special treats such as birthday surprises.
Open a Kids' Savings Account today by visiting a local Burke & Herbert Bank branch or call us at 703-684-1655 to learn more.
Minimum deposit to open is $10. Transaction limitations apply.
*Quarterly Rewards Drawing Rules
Quarterly Rewards Drawing is open to individuals 17 years old and younger. Rewards are presented to the winner's adult custodian. Each time a single deposit of $25 or more is made into a Burke & Herbert Bank Kids' Savings Account, one entry is made into a quarterly drawing for each increment of $25. In the month following the quarter, three winners are randomly selected. The first name selected receives a $25 Visa® Gift Card. The second name selected receives a $50 Visa® Gift Card. The third selected receives a reward valued at approximately $100 or greater at the discretion of the Bank. If the same name is pulled more than once during the quarterly drawing, the reward will be based upon the order of the first name drawn. The entire submission pool is removed after that quarter's drawing is held. A new submission pool is started the next quarter.
Once a name is selected for a Reward, that recipient is not eligible to win again until the following calendar year. Need not be a customer to win. No purchase or transaction necessary to enter. An entry may be obtained by sending your name, address, and phone number to Kids' Savings Club, PO Box 268, Alexandria, VA 22313. Only one mail-in entry allowed per person per quarter. Recipient need not be present to win. Names and images of the winners may be used for promotional purposes, including but not limited to Internet and social media. Odds of winning depend on number of entries received.