NCB accepted the American Bankers Association’s call for bankers to join the Million Child Challenge and reach out to kids with a Teach Children to Save lesson.
"Our new financial reality coupled with consumers learning to do more with less makes the Teach Children to Save program more important than ever," explained Chuck Snyder, President & CEO of NCB. "Teaching financial education to students is another way NCB can contribute to our nation’s economic recovery."
In our Southwestern Ohio Offices, NCB visited Blanchester Elementary School and Hillsboro Elementary School to talk to approximately 150 fifth grade students about the differences between needs and wants, goal setting, ways to identify expenses and how priorities can influence spending. Lesson’s learned will spur on a generation of saving consumers.
In the VA office, team members from the Commercial Underwriting group in partnership with the Thursday Network, an auxiliary of the Greater Washington Urban League, spent a day at Washington Latin Public Charter School. Approximately 60 ninth grade students were taught the importance of checking and savings accounts followed with discussions on the pitfalls of bad money management.
Other volunteers taught financial literacy classes to ten middle school students at The Washington Middle School for Girls in Washington, DC, 20 students at Holton Arms School in Bethesda, Maryland, and 100 students at Oakcrest Elementary School in Landover, MD.
Going into the classroom to give lessons on financial literacy is just one of NCB’s financial education initatives. In addition, NCB particpates in the Highland County Extension Office’s Reality Store program for eighth grade students to educate them on checking accounts and budgeting.
"At NCB we are committed to helping our future customers to become savvy savers," stated Charles Snyder.
For more financial education information or to open a Junior Savers Account, visit a NCB branch in Hillsboro, Fayetteville, Blanchester, or Wilmington, online at www.ncb.coop, or by phone at (800) 322-1251. For more information on NCB’s Corporate Responsibility Initiatives, please visit our website at www.ncb.coop. For more information on Teach Children to Save Day visit www.abaef.com or call 1-800-BANKERS.