We found out about this on Saturday and we thought it was a great idea for The Cisco Kid to join. When we got home The Cisco Kid gathered up all his change and put it in his Fireman boot ready for deposit.
Yesterday when the Cisco Kid got out of vacation bible school we went to the bank to open a Kids Club Accounts. He had so much fun through the whole process. He acted like an adult. The Account representatives only wanted his birth certificate and SS card from me. Everything else she spoke directly to him. Asking him for his address, phone numbers, and then his favorite part was signing his name on the pad for signature conformation. Once he was done with all the paperwork, he took his fireman boot over to the coin counting machine and poured it in. He watched the machine tally his change and it gave him a receipt. He then took the receipt over to the Teller so she could deposit it into his new savings account.
We are waiting for the account representative.
The three compartment bank. One compartment is for Sharing. The other compartment is for saving. The last compartment is for spending.
The machine that counts change.
He thought is was so cool to dump it all in the machine.
This is one of those life lessons. Hopefully he will grow up with a good sense of saving is better than spending.