Friday, November 06, 2009
Austin Bank donated an assortment of children's books to the Marshall Public Library Thursday as part of its financial literacy program.
"Teach Children to $ave" encompasses a special financial lesson for second grade students and their teachers and parents.
"Working with these libraries and elementary schools, Austin Bank wants to promote the importance of financial literacy in these changing economic times," said Jeff Austin, III, vice chairman of the board. "Our staff is committed to helping our future customers become wise savers. We hope to accomplish this by giving our local libraries, schools and teachers educational support that explains, as well as, teaches an important financial lesson."
Books donated are "Round and Round the Money Goes," by Melvin and Gilda Berger; "Money, Money Honey Bunny," by Marilyn Sadler; "Sluggers' Car Wash," by Stuart J. Murphy; "Bunny Money," by Rosemary Wells.
The children's books are part of an Austin Bank educational program provided to area public libraries with literature that explores money management issues and the decisions that they may face such as savings, wants, needs and setting priorities.
In addition to the Marshall library, Austin Bank made donations to 69 public and private elementary schools in East Texas as well as providing teaching tools and materials to the 299 classrooms for use by some 6,000 second graders.
The Teach Children to $ave program includes:
A lesson plan for teachers with accompanying worksheet for the student titled, "Pick a Pet \u2013 Making Smart Choices."
A bank-sponsored coloring contest for second grade students. Austin Bank will award a $50 savings bond to one student from each participating school. The winners' colored drawings will be displayed in bank lobbies beginning November.
A book donation to the school library - Sluggars' Car Wash by Stuart J. Murphy.
A letter for parents (in English and Spanish) offering money management tips for children.
A $10 coupon that will allow a participating child to open a Young $avers (savings account) with a $10 gift from Austin Bank.
A Certificate of Participation for each student.
This is the third year Austin Bank has provided a financial literacy program to area elementary schools.
Austin Bank's Teach Children to $ave program is affiliated with the American Banker's Association Million Child Challenge \— a program that aims to reach one million children through a financial education lesson.
More information about Austin Bank can be found at www.austinbank.com.
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