Bankers Mark Teach Children to Save Day Today

Nearly 11,500 bankers will host financial education events across the country this week in recognition of Teach Children to Save Day today. Bankers will teach students the fundamentals of financial literacy, including the basics of saving, budgeting and how to distinguish needs from wants. This year marks the 20th year of the program, which has reached nearly 8 million children with the help of almost 200,000 bank volunteers since 1997.

“With financial technology taking off, consumers have more money management tools at their disposal than ever before,” said ABA President and CEO Rob Nichols. “When you couple those tools with a strong foundation of financial knowledge, you can truly maximize their benefits. I’m grateful that our bankers are dedicated to building that foundation for hundreds of thousands of young people and for their continued support of Teach Children to Save.”

Nichols (pictured) last week visited a local school in Washington, D.C., where he taught two sixth-grade classes using ABA’s new Bankers and You Curriculum, which focuses specifically on careers in the banking industry. Today, members of the ABA Foundation will mark the day by visiting another D.C.-area school to teach nine financial literacy lessons to fourth- and fifth-grade students. Learn more about Teach Children to Save.

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