Kid's SAVER
Welcome to Farmers Savings Bank, where we are excited to introduce our new mascot for the Kid’s SAVER account Penny Cow! Designed to make saving fun and education for our youth, Penny is here to guide kids on their journey to financial literacy.
Penny’s mission is to make saving money an exciting adventure for kids. She encourages young savers to set goals, track their progress, and celebrate their achievements. By partnering with Penny, children will learn the value of money management in a fun and interactive way.
Kid’s SAVER accounts are available to anyone under the age of 18 and are a great way to teach kids early about saving.
Apply online or stop in to one of our branches in Wever, Denmark or Burlington to open your Kid’s SAVER today!
Qualification Information
Qualified applicants must be under the age of 18. When the account owner reaches the age of 18, the account will be changed to a Statement Savings Account.
Rate Information:
The interest rate listed in a tier will be paid for only that portion of your average daily balance range that is equal to or greater than the low balance amount but less than the high balance amount within that tier.
Rates accurate as of 7/11/2025.
Average Daily Balance Below $10,000.01
The Annual Percentage Yield (APY) will be equal to 3.00%.
Average Daily Balance equal to or greater than $10,000.01
Depending on the balance in your account the Annual Percentage Yield (APY) will range from 3.00-1.00%.
No minimum balance required to open account.
Rate is subject to change at anytime.
