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Cents-ible Savers printable version


Cents-ible Savers Club
For students in participating Waltham Schools (Grades 1- 6).


Welcome
 
RTN Federal Credit Union is pleased to offer the “Cents-ible Saver Club”  to the students in grades one through six. The Cents-ible Saver Club is a savings program designed to teach students the power of saving and other key financial concepts. For students who already participate in this club, the days the Credit Union will be at the school are listed below. Students interested in opening a Cents-ible Savers Club account can see the Credit Union representative on any of these days to obtain the necessary forms. We welcome all elementary school students of Bright, Douglas MacArthur, Northeast, Fitzgerald and Our Lady's schools to take advantage of this program.
 
 
How Does It Work?
 
An initial deposit of $5.00, a completed membership card and photocopies of both the parent's government issued ID and child's social security card is necessary to open an account. Each interested student will see our credit union representative on the scheduled days.  All student members earn dividends on their savings account.
 
When Are Deposits Made?
 
It varies by school, please refer to your school schedule also a Credit Union Representative will visit the school to accept deposits and answer questions. There is a minimum deposit of $1.00. Students will receive a receipt of their deposit and will update their School/Credit Union Passbook sheets. These sheets will be provided to student depositors to keep their own records of their Credit Union activity. Confirmation will be completed by comparing these to the monthly statement.
 
Prizes
 
To help students reach their goals, the following prizes are awarded to students as they reach savings balances of $5.00, $25.00 and $100.00:
 
When the balance reaches:
Prize Awarded:
$5.00
Pencil case with pencil and pencil sharpener
$25.00
Calculator
$100.00
10" by 18" duffle bag or 15" polar bear stuffed animal
 
Each student participating in the Cents-ible Saver Club needs an adult of 18 years or older to be a co-owner on the account. While deposits will be accepted at the school, all withdrawals must be conducted at one of the Credit Union’s offices. The parent or guardian must authorize the student’s withdrawal. The office at 600 Main Street, Waltham, is open Monday, Tuesday, Wednesday, and Friday from 8 am to 4 pm, Thursday from 8 am to 5 pm, and Saturday from 8:30 am to 12:00 noon.
 

Cents-ible Savers School Schedule

 
Location Days of Month

Jonathan Bright School

2nd & 4th Thursday
James Fitzgerald Elementary School 2nd & 4th Wednesday
Plympton School 1st & 3rd Wednesday
Douglas MacArthur Elementary School 1st & 3rd Tuesday
Northeast Elementary School, Waltham 2nd & 4th Tuesday
Our Lady's School, Waltham  2nd & 4th Friday

 
  
  
 
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