Gesa is proud to introduce a new savings account created specifically for our early savers ages 0-13 years old. Our Explorer Savings account offers:
Savings Match Incentive
Gesa will match deposits up to $25, in $5 increments, within the first year that the account is opened. Once the $25 maximum deposit match is met, no additional savings matches will be allowed on the account. Members will be limited to one Savings Match per member, per day¹.
Super Student Incentive
Bring in your child’s report card and receive a $5 ‘Super Student’ deposit into their Explorer Savings account! Once per season (Fall, Winter, Spring, Summer), Explorer Savings account holders can bring in their report card and Gesa will deposit $5 for each report card shown to a teller. The Super Student incentive will be capped at $20 per calendar year, per member. Members will be limited to one Super Student incentive per member, per season².
To learn more, call us at 888.946.4372 or stop by a branch near you.
Explorer Youth Savings Rates
|Qualifying Account Balance
|$0 – $500.00
* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of 9/1/2020, the last dividend declaration date.
Notes and Fees
APY = Annual Percentage Yield. Rate is accurate as of 9/1/2020 and applies to the first $500 deposited in a qualifying Explorer Savings account. Balances over $500 earn 0.05% APY. Rates may change after the account is opened. Age Eligibility: 0-13 years. Account automatically changes to Student Savings account at age 14. No monthly fees and no minimum balance required to open or maintain account. Limit of one Explorer Savings account per member. Fees could reduce earnings. Offer can end at any time.
¹ Savings Match Incentive deposits will be made into the account within one business day of the account deposit.
² Super Student incentive deposit will be made within one business day of the presentation of a report card. Report card can be in paper or electronic format. In place of report card, documentation can consist of note from parent or guardian or item of school work. Material presented must be dated within the past 90 days to be considered.