NVE Bank Teaches Children the Value of Good Saving Habits

The process of creating any kind of good habit typically occurs more naturally when started earlier on in life. That premise is put to task every April through the American Bankers Association Teach Children to Save (TCTS) program. The free national initiative, which is sponsored annually by the ABA Foundation, organizes banker volunteers throughout the year to help young people develop a savings habit early in life. NVE Bank is a proud perennial participant!

Teach Children to Save Day is an annual awareness day during which bankers demonstrate their commitment to the community by educating today’s youth about the value of saving money. Participating bankers visit schools, youth centers, after-school programs and other sites to share their knowledge in an effort to inspire children to start young and save more. Presentations include activities centered on the concepts of saving, earning interest, and determining needs versus wants.

NVE Bank’s branch managers have been teaching lessons to students since earlier this month, such as those at The Right Start Learning Center in Teaneck. However, on TCTS Day, which actually occurs on April 28th this year, more of our branch managers will be teaching lessons at other Bergen County schools, including The Hillside School in Closter and the Englewood Charter School.

NVE Bank Branch Managers Paul Klein and John Louglas taught lessons to two groups of students from The Right Start Learning Center in Teaneck.

While banks are encouraged to participate on TCTS Day and throughout April, which is Financial Literacy Month, we at NVE Bank believe that financial education is paramount year-round. That’s why we invest in education programs throughout the year to ensure that our younger generations are well prepared for their future. One example of this is Money Management 4 Kids, an innovative financial literacy program created by IPiggiBank with funding from NVE Bank. The eight-week program was delivered to first-graders at Bergen Family Center at the beginning of this year.

NVE Bank Englewood Branch Manager Vivian Mendez reads “Bunny Money” to iPiggiBank financial literacy program students.

Here are a few photos from several branch managers’ lessons during last year’s TCTS school visits. Get all the latest news, information and pictures from this year’s program and more by following us on Facebook, Twitter and Instagram.

NVE Bank hosts and participates in various community service, fundraising and awareness events throughout the year. To learn more about NVE Bank’s products and services, visit our website, stop by one of our convenient neighborhood branches in Bergen County, or call 1-866-NVE BANK (683-2265) to speak with a branch associate.

Sources:

http://www.aba.com/Engagement/Pages/teachchildrentosave.aspx

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About NVE Bank

The NVE Blog should not be used for banking purposes relating to NVE Bank. Please do not disclose any personal or business banking information on this site. NVE is an Equal Opportunity Lender, Equal Housing and Member FDIC. 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 our toll-free number 1-866-NVE-Bank (683-2265) or visit our website.
This entry was posted in Bergen County, Community Outreach, Education, New Jersey, NJ, saving money and tagged , , , , . Bookmark the permalink.

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