M&T Bank Employees Go Back to School for National Teach Children to Save Day
April 24 2007 - 9:30AM
PR Newswire (US)
BUFFALO, N.Y., April 24 /PRNewswire-FirstCall/ -- More than 40
M&T Bank volunteers traded their checkbooks for chalkboards
today to teach some financial basics to students at 13 different
schools in three states during National Teach Children to Save Day.
"Unfortunately, the savings rate in our country is low, and studies
show that many children are not learning the skills they need to
make smart financial decisions as adults," said M&T Bank
President Mark Czarnecki. "If we can teach kids how to save money
when they are young -- and how important it is to save money --
then they will have the skills and the knowledge they need to build
a strong and secure financial future for themselves throughout
their lives." M&T employees joined thousands of bankers across
the country visiting local schools as part of the American Bankers
Association Education Foundation's National Teach Children to Save
Day, a financial literacy initiative established in 1997. M&T
volunteers will teach students in the following schools: New York
Buffalo Prep, Buffalo Pennsylvania Camp Curtin Elementary School,
Harrisburg Foose Elementary School, Harrisburg (scheduled for May
2) Luhrs Elementary School, Shippensburg Park Hills Elementary
School, Hanover George Washington Elementary School, Lancaster Rice
Elementary School, Mount Holly Springs Southern Elementary School,
Glen Rock Hatboro-Horsham Senior High School, Horsham Maryland
Elmer Wolfe Elementary School, Union Bridge Mt. Harmony Elementary
School, Owings Belle Grove Elementary School, Brooklyn Park
Beechfield Elementary School, Baltimore The bank offers the
following tips to help parents promote savings habits: * Help kids
open their own bank savings account and make deposits regularly.
Many banks have children's accounts that have no fee or minimum
balance requirements. * Kids love to get mail, so encourage them to
watch for their monthly statement. * Talk to your child about
budgeting and help them budget for an outing or purchase. * Teach
children how an ATM machine works and explain that you have to put
money into a bank before you can take it out. The ABA Education
Foundation's National Teach Children to Save Day is held every
April for bankers to make presentations to students on the
importance of saving. M&T Bank serves customers at 668 branches
in New York, Pennsylvania, New Jersey, Maryland, Delaware,
Virginia, West Virginia and Washington, D.C. For Further
Information: Chet Bridger 716-842-5182 DATASOURCE: M&T Bank
CONTACT: Chet Bridger of M&T Bank, +1-716-842-5182 Web site:
http://www.mandtbank.com/
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