04.28.2008
South Shore Savings Bank and U.S. Treasury Official talk savings with Weymouth High
Weymouth, Mass., April 29—Today, John C. Boucher, president and CEO of South Shore Savings Bank along with Thomas Kurek from the U.S. Treasury’s Office of Financial Education, talked “savings” with Weymouth High School students as part of the American Bankers Association Education Foundation’s Teach Children to Save program.
“In a time where pop culture persuades kids to spend, it’s important that someone teaches them to save,” explained Boucher. “As a banker I understand the value of saving, especially during tough economic times. It’s essential that my future customers understand it too.”
Since 1984, South Shore Savings Bank has sponsored the “Scholars and Cents” program at Weymouth High School, in which students take classes in finance and work in an in-school bank branch under the supervision of South Shore Savings Bank employees.
South Shore Savings Bank volunteers are joined by more than 12,000 bankers across the country who will share with students the value of saving. Bankers will incorporate games and activities into lessons on the concept of saving, how interest makes money grow, how to create a budget and differentiate between needs and wants. Since the Foundation launched Teach Children to Save Day in 1997, more than 45,000 banker volunteers have reached nearly 2.3 million students with saving lessons.
“Bankers and financial education are a perfect fit,” said Laura Fisher, director of the ABA Education Foundation. “Students appreciate financial lessons from bankers, as they would appreciate music lessons from a musician. They are literally getting the information ‘straight from the banker’s mouth.’ And this makes a difference.”
For more information on the TCTS program, please visit www.aba.com/abaef.
The ABA Education Foundation, a non-profit subsidiary of the American Bankers Association, is committed to developing and providing education programs that lead to financial literacy. For more than eighty years, we have supported the banking industry’s efforts to teach personal finance skills in schools and communities across the country. The programs we provide are specifically and uniquely created for young children, teenagers and adults to provide them with the skills they need to budget, save, and manage credit. For more information, visit http://www.abaef.com or call 1-800-BANKERS.
# # #
|
Equal Housing Lender Member FDIC Member DIF
