Savings

Kids' Savings


Burke & Herbert Bank Kids' Savings Account

There's no doubt about it, a future is brighter when it includes ample savings. And there's no better time than now to start a savings program for your child.

A Burke & Herbert Bank Kids' Savings Account not only earns interest, it makes banking fun for children by offering them incentives for saving, such as a birthday surprise and a Quarterly Rewards Drawing.

We make it easy to start a Kids Savings Account - it takes as little as $10 to open (that's only a few visits from the tooth fairy!). There are no monthly fees.* And, with Online Banking, it's easy for adults to check the account balance - and to have youngsters watch their savings grow.

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.

Click to OpenX

Here's How It Works:
When your child (17 & under) opens a Kids' Savings Account, they are enrolled automatically in 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, such as a tablet or a camera. Club members receive one Quarterly Rewards Drawing entry for every single deposit of $25 or more during the quarter, with one qualified entry permitted per week (see complete rules below).

Join the Club!
Open a Kids' Savings Account today by visiting a local Burke & Herbert Bank branch. Or call us at 703-684-1655 to learn more.

* Transaction limitations apply. Minimum deposit to open is $10.00.

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 qualified entry is made into a quarterly drawing. One qualified entry permitted per week. 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. The entire submission pool is removed after that quarter's drawing is held. With the new quarter, a new submission pool is started.

Once a name is selected for a reward, that recipient is not eligible to win again for a two-year period. Need not be a customer to win. No purchase or transaction necessary to enter. A qualified 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.

Consumer Disclosure: Prizes are one (1) $25 Visa® gift card; one (1) $50 Visa® gift card; and one (1) prize with an estimated retail value of $100. Odds of winning are determined by the number of qualified entries received.

 

Member FDIC    Equal Housing Lender