A novelty bank assembly and its associated method of operation. The novelty bank
assembly includes a bank structure that defines an internal money compartment.
An animated character is also provided that is connected to the bank structure.
Within the novelty bank assembly is a microprocessor that senses when money is
added to or removed from the money compartment. The microprocessor also controls
movements of the animated character and broadcasts selected audible phrases. The
microprocessor moves the animated character and broadcasts selected phrases depending
upon the condition of the novelty bank assembly and the action of a person using
the novelty bank assembly.