Saving Moo-la at Schoo-la

Welcome to Garrison Mill's school savings program, sponsored by Garrison Mill’s Partner in Education, Washington Mutual.

Each child should have received an Introduction Kit containing a program brochure and a Master Account Agreement Form. Students (with parental permission) wishing to participate in the program should fill out the form and turn it in to their teacher. Washington Mutual will then set up a savings account for the child, donating an opening deposit of 25 cents. On Thursday mornings from 7:15 a.m. – 7:50 a.m., students can bring deposits to the Media Center and volunteer parents will assist them with the deposit process. Prizes are awarded for every two deposits a student makes. In addition, volunteers award the children with little treats on alternating weeks to remind them that they are doing a great job with their consistent saving.

The goal of the School Savings program is to give students the opportunity to develop healthy financial habits that can last a lifetime. As they watch their account balances grow, students learn lessons about: 

• Responsibility – Students must remember to bring their deposit every week.
• Discipline – Students decide to put money into savings instead of spending it.
• Consistency – Students make weekly deposits.
• Money management – Students keep their own deposit record and running balance.
• Goal-setting – Students decide what they're saving for.

 A few more details:

• Deposits are managed by accessing a secure web site.
• Students may make withdrawals or additional deposits at local Washington Mutual financial centers.
• School Savings accounts earn a competitive interest rate and monthly fees are waived until the age of 19.
• Each student's deposits with Washington Mutual are FDIC insured to $100,000.

 By participating in the School Savings program schools, parents, and Washington Mutual are making an investment in the future - our children!

 We are looking forward to assisting your children...Inch by inch...saving is a cinch!

 If you have any questions, please contact Vernell Washington at (678) 521-7697 or vernell@granddivaenterprises.com.

Garrison Mill Elementary School - 4111 Wesley Chapel Road, Marietta, Georgia 30062     office - (770) 642-5600 / fax - (770) 642-5602