M&T Bank employees are going into classrooms to teach what they know. They will be teaching elementary, middle and high school students about effectively using money. Nearly 60 volunteers will teach in classrooms at 42 schools across three states, expecting to reach almost 2,000 students. They are participating in the 13th annual "Teach Children to Save Day" today, with classes continuing next week. The national observance focuses on students learning everything from saving for their much-wanted electronic devices and learning how prices change over time to spending wisely.
M&T employees will join thousands of bankers across the country visiting local schools tomorrow, April 21, as part of the American Bankers Association Education Foundation's National Teach Children to Save Day, a financial literacy program established in 1997.
Volunteers will present lessons on balancing checkbooks, budgeting and much more. They are role models in the classroom and their presence offers examples of professional success as well as commitment to the community.
"The national goal is to reach one million children through this program this year, and we expect a domino effect from that effort. When one child learns a useful saving strategy and shares it with another or one student takes a new, money game home to share with the family, we have achieved our mission. In each case, learning a smart money tactic is advanced beyond one child," said M&T Bank President Mark Czarnecki.
M&T volunteers are teaching students in the following schools: New York Edmeston Central School, Edmeston Theodore Roosevelt Elementary School, Binghamton Children's School #15, Rochester (4/17) Walt Disney Elementary School, Gates (4/29) Union East Elementary School, Cheektowaga Pembroke Primary School, Pembroke Beekman Elementary School, Poughquag Pennsylvania Samuel B. Huey School, Philadelphia Theodore Roosevelt Middle School, Philadelphia West Beaver Elementary, McClure Everett Elementary, Altoona Ringtown Elementary, Ringtown Liberty Elementary, Liberty Camp Curtin Elementary, Harrisburg North East Bradford School, Rome Our Lady of the Angels, Columbia Pequea Elementary School, Willow Street Taylor Elementary School, Columbia Harry S. Truman Elementary, Allentown Loucks Elementary, York Eshelman Elementary, Millersville Maytown Elementary, Maytown Clearview Elementary, Hanover Cornwall Terrace, Sinking Springs Hayshire Elementary, York Ross Elementary, Lancaster St. John the Baptist, Altoona Choconut Valley Elementary, Friendsville Edgar Moore Elementary, Red Lion East Freedom Elementary, East Freedom Wrightsville Elementary, Wrightsville Spring Grove Elementary, Spring Grove New Salem Elementary, York Paradise Elementary, Thomasville Corpus Christi School, Chambersburg Maryland Langston Hughes Elementary, Baltimore Lansdowne Elementary, Baltimore County (4/29) Annapolis High School, Annapolis (4/30) Clear Spring Middle School, Clear Spring Accident Elementary School, Accident Yough Glades, Oakland Hancock Elementary, Hancock
The bank offers the following tips to help parents promote good saving habits:
-- It is never too early to start teaching children to value money managing skills. -- Getting a young child a piggy bank is a good start. -- Look for lessons that are inherent in grocery shopping. -- Saving on energy, by turning off lights, equals financial savings as well. -- Teach the importance of balancing a checkbook to keep track of spending.
The ABA Education Foundation's National Teach Children to Save Day is held every April, giving bankers an opportunity to address the importance of saving with children across the country.
M&T Bank serves customers in more than 680 branches in New York, Pennsylvania, New Jersey, Maryland, Delaware, Virginia, West Virginia and Washington, D.C.
Jean Hill of M&T Bank