Last week, April 21-28, was a busy week for financial education at Shelby County State Bank. Bank employees gave a savings lesson to approximately 175 second grade students from Harlan Community Elementary, Shelby County Catholic and AHST Elementary Schools as part of National Teach Children to Save (TCTS) Day on April 24.
Presentations included games and activities about the concept of saving, how interest makes money grow and determining needs and wants. Shelby County State Bank employees Stef Kramer and Jim Zimmerman conducted a financial quiz game with second grade students from Shelby County Catholic School.
“We have participated in Teach Children to Save Day for about 10 years,” says Janet Buman marketing officer at Shelby County State Bank. “The kids are always so enthusiastic, so it makes it easy to enter the classrooms every year.”
Shelby County State Bank also helped establish Money Smart Week (MSW) in Harlan and the surrounding area in 2011, bringing free financial education events and classes to the community. This year, MSW has grown substantially by adding poster and essay contests as well as more contributing partners.
“What is so great about Money Smart Week is that it brings organizations together – all differences aside – for a single cause, to teach the public about money management,” says Buman. “It is really a joint effort between all the organizations. We couldn’t have reached so many people without their participation.”
Shelby County State Bank, along with several other participating organizations, held more than 40 financial education events throughout MSW. Events included hosting shred days and holding classes about financial budgeting, investing, farm succession, funeral planning and much more.
Also as a part of MSW, Ben Franklin – the founding father who said, “A penny saved is a penny earned” – made a special appearance on April 25 at Harlan Community Elementary and Shelby County Catholic Schools to remind students about the importance of saving. [Click here to read more about the event.]
“Participating in Money Smart Week blended in nicely with what [Shelby County State Bank] does for Teach Children to Save Day,” says Buman. “We will definitely plan on participating in both events in 2013.”