FOR IMMEDIATE RELEASE
ICBA Provides Youth Financial Literacy Tools
Every week throughout the month of August, ICBA will be providing youth financial literacy tips and advice
Washington, D.C. (August 8, 2014)—The Independent Community Bankers of America® (ICBA) and the nation’s more than 6,500 community banks will be offering financial literacy tools for parents of children ranging from elementary school to college-age throughout the month of August.
“Helping younger generations become more financially literate is pivotal not only to their own success, but to the success of our local economies as well,” John Buhrmaster, president and CEO of 1st National Bank in Scotia, N.Y. said. “Early and ongoing exposure to money management best practices can result in greater participation in saving and asset building, greater awareness of financial opportunities and pitfalls and greater financial stability in our communities.”
ICBA will release the following press releases throughout the month of August:
- Friday, August 8: Parents: How to Talk to Your Kids About Money
- Friday, August 15: Making Money Management Fun: Personal Finance Tips for Tweens
- Friday, August 22: The Bedrock of a Bright Financial Future: Money Tips for Teens
- Friday, August 29: Getting Ready for the Real World: Financial Best Practices Every Young Adult Should Know
“Community bankers can help teach children and young adults important financial skills and education at an early age in order to help them become better at managing money as adults,” Buhrmaster said. “We can use our local relationships with customers and our communities to positively impact the financial lives of future generations.”
During the month of August, ICBA will also spotlight community banks that are active and engaged in local youth financial literacy efforts on the association’s Go Local blog and social media channels.
The Independent Community Bankers of America®, the nation’s voice for more than 6,500 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services.