Kids Clubs

Lamar Bank & Trust Company offers two kids clubs created to encourage children to save money. Sammy the Saver Kids Club targets children 12 & Under, and Savings 101 targets children ages 13-18

LBT makes numbers fun. Teach your kids essential money management habits - plan carefully, spend wisely, and save consistently - through fun and games.


Sammy the Saver Kids Club (Age 12 & under)

 Become a member by opening a Sammy the Saver savings account with $10.00 and the child's Social Security Card. Age 12 & under and must be accompanied by adult.

Open a savings account today and receive:

  • A t-shirt or piggy bank
  • A Sammy the Saver savings book
  • A pencil to keep track of your account
  • A special membership card

By opening a Sammy the Saver Account each child is now a member of the Sammy the Saver Kids Club. Members can participate in special events throughout the year including pictures with Santa Claus, the Easter Bunny, and the annual swim party, just to name a few.


Help your child develop lifelong habits of saving!


Savings 101 (Ages 13-18)

Open a Savings 101 with $10.00. Must present proper ID or Social Security Card. Parent/Guardian must sign unless you are 18 years old.

Open a savings account today and receive:

  • A t-shirt
  • A savings book
  • A membership card

Lamar Bank and Trust Company, in partnership with the Lamar FCCLA, established Savings 101to encourage students to save money. It is critical that all students learn the importance of saving money. LBT annually participates in the American Bankers Association National Teach Children to Save Day.


Why Save?


Save for Emergencies

It is a good rule of thumb to have three month’s worth of expenses saved for a rainy day. A large car repair can make a wreck of your finances. 


Save for Short Term Expenses

Have your employer direct deposit a portion of your check into your savings. Birthday money and Christmas money will be a good way of saving for those extra fun things such as a class ring, first car, first year of college, or furniture. 

 

Plan for the Future - Establish Lifelong Habit of Savings

It doesn’t matter if you go to college, trade school or get a job after high school you will need to learn to save for your future. Associated Press reports for 2006 indicate that Americans have a negative savings rate for the second year in a row. You are a long way from retiring but someday you will want to kick back, relax and enjoy life. Plan now to enjoy retirement.