Money-smart skills help build financially healthy communities

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Money-smart skills help build financially healthy communities

Lia Cicuto, Vice President in the Legal and Regulatory Group, makes learning about money fun during National Financial Literacy Month.

Lia Cicuto, Vice President in the Legal and Regulatory Group, makes learning about money fun during National Financial Literacy Month.

Throughout April and May, hundreds of Bank of the West volunteers will host financial education classes in elementary, middle, and high schools across its regions in support of National Financial Literacy Month.

The series of classroom-based programs kicked off in April with special recognition for Teach Children to Save Day, and will continue through May with creative and interactive programs designed to teach young people important financial concepts. Activities include:

  • Read-aloud and arts and craft activities that teach elementary children early lessons on saving, giving, and spending,
  • Experiential learning through role playing with the types of financial decisions middle school students will face later in life (such as budgeting and bill paying), and
  • Volunteer-led workshops for high school students and young adults striving to achieve greater independence and financial self-sufficiency
Rochelle Buford-Williams, Vice President in the Commercial Banking Group, teaches children about money during National Financial Literacy Month.

Rochelle Buford-Williams, Vice President in the Commercial Banking Group, teaches children about money during National Financial Literacy Month.

Commitment to community is a core value for Bank of the West and team members are quick to demonstrate their passion for volunteering in their neighborhoods. During the two-month classroom campaign, approximately 500 Bank of the West team members will reach more than 5,000 young people.

Bank of the West employee volunteers during Teach Children to Save Day 2015 at Martin Luther King, Jr. Elementary School in Oakland, Calif., on Friday, April 24, 2015. Twenty bank volunteers met with students to discuss the importance of saving money and differentiating between needs and wants. (Photo by Noah Berger)

Bank of the West employee volunteers during Teach Children to Save Day 2015 at Martin Luther King, Jr. Elementary School in Oakland, Calif., on Friday, April 24, 2015. Twenty bank volunteers met with students to discuss the importance of saving money and differentiating between needs and wants. (Photo by Noah Berger)

“Bank of the West views financial literacy outreach in our schools as an important part of giving back to the communities where we have a presence,” said Bank of the West Chairman and CEO Michael Shepherd. “National Financial Literacy Month and Teach Children to Save Day are important initiatives all year-long. By supporting early financial education we’re helping young people and their families build a foundation for economic self-sufficiency, which in turn contributes to a stronger economy.”

Congratulations Bank of the West!