Morris Moola

The Morris Moola savings program is designed to help teach children the value of a dollar. It leverages an interest-bearing savings account and can be a great tool for parents, grandparents, and educators. Children 13 years and younger are eligible for Moola accounts. Students in Dublin-Laurens & Jones County can also participate in the In-School Savings Club.

Download the Morris Moola Account Application

Enroll in the In-School Savings Program

Morris Moola In-School Savings Club

We partner with your child’s school in teaching them that saving money is important and can even be fun. By enrolling in the Morris Moola Savings Club, your child will learn the impact of saving money over time. Your student will see how even small deposits—when made frequently—can really add up. The program reinforces setting savings goals and will help build habits to last a lifetime. Start the financial education process early and give your kids the gift of being smart with money.

 

(Dublin-Laurens, Wilkinson and Jones County Only)

School Year Activities

Children are encouraged to participate throughout the year.  The program includes incentives and rewards to keep your kids engaged and motivated to save.

  • Morris Moola representatives are on-site at your child’s school the first Wednesday of each month. Students earn a “prize” when they make a deposit of at least $1.00.  Small prizes might include a pencil, a sticker or candy.
  • We celebrate in May with an End of the Year Party for students who have made at least 8 deposits or saved $25 or more.
  • Finally, all students who have saved $100 in their account by the Moola End of the Year Party will be entered into a drawing for an iPod.

Guidelines & Enrollment Steps

The Morris Moola In-School Savings Club is open to students in grades 3 through 5.  Accounts are interest-bearing savings accounts, require a minimum opening deposit of $10.00 and allow up to 3 withdrawals per quarter*.  The student is the “owner” of the account, but a parent, grandparent or other adult will need to be a “custodian.”

*Any withdrawal exceeding 3 per quarter will be subject to a $1.00 excessive withdrawal fee per additional withdrawal.

 

Students new to the Morris Moola program:

  • Fill out the above application and permission slip and include a copy of the driver’s license for the adult/parent that will be associated with the account.
  • (The signature card will be mailed to you at a later date)
  • Return all documents to any Morris Bank location or to the Morris Moola representatives when they come to your child’s school.
  • Make an initial deposit (minimum $10.00) to open the account. Note that by opening the account at any Morris Bank branch in August, this minimum deposit requirement will be waived. Morris Bank will make a $5 deposit for your child.


Students who already have a savings account with Morris Bank:

We will use this account as your child’s In-School savings account. Simply fill out the permission slip and list your child’s account number. Note that by completing the permission slip at any Morris Bank branch in August, we will make a $5 deposit into the child’s account.

Morris Moola Wednesdays:

  • September 6, 2017
  • October 4, 2017
  • November 1, 2017
  • December 6, 2017
  • January 10, 2018 (2nd Wednesday)
  • February 7, 2018
  • March 7, 2018
  • April 11, 2018 (after spring break)
  • May 2, 2018