The initiative includes a new account, the Super Savings Starter Account, that enables customers to transfer up to $250 per month from checking to savings (for a maximum of $3,000 over 12 months) and earn a 6% Annual Percentage Yield. The account also comes with a gift for the kids – a Divvy child’s savings kit. Representatives of the HomeTrust Bank, including President, Dana Stonestreet, took the Divvy savings kit into the classroom as part of the bank’s financial education outreach. The interactive exercises helped the students identify needs versus wants and illustrated the benefits of establishing healthy savings habits.
The Western North Carolina ABC TV affiliate, WLOS, featured a January 11, 2010 presentation to an area 4th grade class. The news clip can be viewed on the station’s website.