Bank of Illinois Koala Kids Club

A personalized savings account designed exclusively for our customers 12 and under.

No minimum balance required.

Minimum opening deposit is $1

Interest is calculated on a daily collected balance then compounded and credited monthly.

There is a transaction fee of $1 per withdrawal, ACH or ATM card after your 3 free per month has been reached. You may make 6 interbank transfers from your account per month, but only 3 may be by withdrawal, ACH or ATM card.

Receive $1 in Koala Cash for each $5 deposited to your Koala account.

Koala Cash is used to purchase Koala Club Rewards through the following incentive program:

Level Account Balance Koala Cash

1 $50 $10

2 $100 $20

3 $250 $30

4 $500 $40

5 $1000 $50

Koala Cash has no cash value unless deposited to a Koala Club account. Koala Cash may be deposited to your account in increments of $10, which is equal to $.50 in federal reserve minted money. No incentive Koala Cash will be given to deposits made only with Koala Cash.

At the $500 level, you may roll the savings balance into a Bank of Illinois Certificate of Deposit. You will receive a "certificate of recognition" for your accomplishment and a $5 Koala Cash bonus.