American Bank teaches children to save

Thursday, April 28, 2016
(Photos contributed)

Employees from American Bank visited St. Mary's second grade classroom on April 12 and Remsen-Union's second grade classroom on April 13 to "Teach Children to Save". The National Teach Children to Save Day is April 29. Katy Gengler and Katrina Homan with American Bank spoke with the students about the bank, the safest place to put their money, the different things they can buy when they are older if they save their money now, different ways to pay for things, and also showed them the different currency coins and bills, including a silver dollar from the 1800's. Students also wrote out a check to their teachers, which they had a lot of fun with. The students who signed it were pretty nervous when American Bank employees told them the money had to come out of their account though! American Bank is also hosting a Poster Contest through Community Bankers of Iowa (CBI). Students in grades 2-6 are eligible to create a poster with the theme: "Why Is It Important to Know About Money?". The finished posters will be on display at the bank during Money Smart Week, which is April 23 - 30. The bank is offering a $50 prize for the first place winner, which will be chosen by the bank. The posters will also be sent into CBI for a chance at $600 for first place, and $300 for second and third place. It's a great way for the kids to be involved with Money Smart Week!