Bankers Observe Teach Children to Save Day Today

More than 12,500 bankers will host financial education events across the country this week in celebration of Teach Children to Save Day today. Bankers will teach students the fundamentals of financial literacy, including the basics of saving, how to create a budget and how to distinguish wants from needs.

“One of the most fundamental components to creating jobs, economic growth and prosperity is a labor force that understands economics and personal finance,” said ABA President and CEO Rob Nichols. “Our nation’s banks are dedicated to building that foundation for hundreds of thousands of young people, and I appreciate their continued support of Teach Children to Save.”

Since 1997, the program has reached nearly 10.3 million children with the help of almost 313,000 banker presentations. Members of the ABA Foundation will mark the day by presenting financial literacy lessons to second through fifth grade students at a local elementary school in Washington, D.C.