WebHeader_Grove.png
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Get entered to win tickets to Paul McCartney at Fenway June 8th with your gift today!

Forgotten bank account which was opened with $3.35 is now worth $335

A MARTINEZ, HOST:

Good morning. I'm A Martinez. When Carol Allison of Edinburgh, Scotland, was 6, she opened a bank account with her grandmother. She deposited $3.35, and then forgot all about it. Today, Allison is 74, and she was cleaning the house one day when she found the bank book. She went down to the bank, and lo and behold, the wonders of compound interest, it's now worth 335 bucks. A generous gift from her late grandma - got to love Grandma's long game. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.