Englewood, NJ, May 2011- Employees of NVE Bank recently gave a savings lesson to over 250 first, second and third grade students in Englewood, Cresskill and Closter, NJ, as part of the American Bankers Association Education Foundation’s 15th Annual Teach Children to Save Program.
“Studies show that children aren’t learning the skills they need to make smart financial decisions as adults,” said Robert Rey, President of NVE Bank. “Communities and schools teach life skills, but we don’t spend enough time teaching financial skills.”
The presentations included activities about the concept of saving, interest and determining needs vs. wants. Since the American Bankers Association Education Foundation’s National Teach Children to Save Day began in 1997, thousands of bankers have taught money skills to more than one million students.
NVE Bank, established in 1887, offers an extensive range of personal and business products and services. The Bank maintains 12 offices conveniently located throughout Bergen County. For more information, please call their toll-free number 1-866-NVEBANK (683-2265) or visit their website at http://www.nvebank.com.