American Eagle Bank - Community Banking in South Elgin, IL

Wooden Nickel Redemption Program
Rules & Responsibilities

Thank you for participating in the Wooden Nickel program. American Eagle Bank is the only bank in the Fox Valley that rewards its young savers with the ability to win prizes. The success of this program is largely dependent on the parents to engender the value of savings in their EagleSavers; as well as to follow the spirit of this program as a way to encourage good savings habits.

Wooden Nickel awards are given on the following schedule:

Deposit amount	Nickels
$1.00 to $10.99	1 wooden nickel
$11.00 to $20.99	2 wooden nickels
$21.00 to $30.99	3 wooden nickels
$31.00 to $40.99	4 wooden nickels
$41.00 and up	5 wooden nickels

Deposits that are transferred or withdrawn within 24 hours are not eligible for wooden nickel awards. In general, we may reject a wooden nickel awards if, in our sole discretion, we believe the deposit activity to be not in conformity with the spirit of the Wooden Nickel Program.

American Eagle Bank reserves the right to substitute prizes at any time based on availability and quantities on hand. When we are forced to eliminate a prize, we will always provide a prize of equal or greater value.

We reserve the right to modify the redemption quantities (the amount of wooden nickels needed to claim a prize) at any time and without notification.

Eagle Savers Art Contest Winners!!

Congratulations to our winners! View the winning entries.