Banks Close In On Million Child Challenge
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$1,000 Incentive for Bank that Reaches the One Millionth Student
WASHINGTON, Nov. 11 /PRNewswire-USNewswire/ -- As banks edge closer to reaching 1 million students with personal finance lessons in 2009, the ABA Education Foundation is offering $1,000 to the bank that reaches the one millionth student for donation to the school or youth group that hosted the lesson.
"Whether you're giving your first or fiftieth lesson this year, you can participate now and win a $1,000 donation for your local school," said Laura Fisher, director of the ABA Education Foundation which sponsors the event. "The most important thing is that our industry achieves its goal and impacts the financial future of 1 million young people."
Earlier this year the ABA Education Foundation called on banks to reach 1 million students with saving-focused lessons. So far more than 23,000 bankers have reached 911,459 young people through the foundation's Teach Children to Save and Get Smart About Credit programs.
"We're thrilled that so many bankers have participated in the challenge, but we know there are more out there," adds Fisher. "If your bank has taught financial education to young people this year, sign up. And if this challenge inspires more banks to reach out in their communities, even better."
Banks can join the challenge at www.abaef.com. The foundation makes reaching young people with financial education easy for bankers, with resource kits that include lesson plans, free materials, newsletters and their companion Web sites, www.teachchildrentosave.com and www.getsmartaboutcredit.com.
View a list of participating Teach Children to Save banks here or a list of Get Smart About Credit banks here. Visit www.abaef.com for more information.
SOURCE American Bankers Association Education Foundation
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