In today's complex financial landscape, educating children on the importance of saving from a young age is imperative to building a secure financial future. Established in 1997 by the American Bankers Association Foundation, Teach Children to Save program is at the forefront of this mission, dedicated to equipping young individuals with the necessary knowledge and tools to develop lifelong saving habits. With the support of more than 260,000 banker volunteers, this national campaign has impacted an impressive 10.5 million children across the United States.
At American Riviera Bank (ARB), we understand the urgent need to enhance financial literacy among young individuals. Acknowledging the limited time available for financial education within school curricula, ARB offered elementary and middle school students a unique financial education experience through the Teach Children to Save program.
We reached out to approximately 350 students spanning grades K-6 across Santa Barbara and San Luis Obispo Counties, extending our services to public and private schools and after-school programs, including The Boys and Girls Club of Santa Barbara County.
With the support of 12 dedicated volunteers, including three ARB Executives – Michelle Martinich, Laurel Sykes, and Eusebio Cordova, Jr. – we conducted presentations in 16 diverse classroom and after-school environments. American Banker's Association's Teach Children to Save lessons were designed to align with educational standards in personal finance while integrating subjects such as math and language arts. ARB is committed to facilitating these lessons by providing materials, presentations, and other logistical support. In classroom-size groups, we adapt to the needs of each group, ensuring an impactful learning experience for all participants.
In our 13 presentations, we had the pleasure of interacting with students from kindergarten to grade 6. Their enthusiasm and receptiveness to the financial literacy program have further motivated us to expand our outreach and make a lasting difference in the lives of young learners.
We are grateful for the opportunity to contribute to these students' educational journeys and are committed to continuing our efforts to promote financial literacy and community engagement.
By embracing the Teach Children to Save program, American Riviera Bank is investing in the financial literacy of our local youth. By equipping children with essential skills, we are fostering a generation of individuals prepared to navigate the complexities of the financial world with competence and shrewdness. ARB is proud to provide this invaluable financial literacy program to the students in our community, instilling savvy spending habits in young minds and helping to shape tomorrow's financially responsible citizens.