MILWAUKEE-Students at Greenfield School and ALBA (Academia de Lenguaje y Bellas Artes) School in Milwaukee received savings lessons from U.S. Bank Wednesday.
The savings lessons are part of the 18th annual Teach Children to Save Day, a nationwide education campaign promoting useful money and savings habits to students.
More than 25 U.S. Bank employees will lead the savings lessons for approximately 600 students from kindergarten through eighth grades. Greenfield School is located at 1711 S. 35th St. and ALBA School is located at 1712 S. 32nd St.
"The students will enjoy the savings lessons from U.S. Bank," said William Bertha, market president of U.S. Bank in Milwaukee. "The lessons are interactive, fun and timeless. They will learn savings lessons that will be useful for many years."
Across the company, hundreds of U.S. Bank employees will meet with local youth to explore ways to save money by budgeting, "living green", understanding the difference between needs and wants, how to identify expenses, trade-offs and ways to cut spending. Teach Children to Save Day takes place Friday, April 11. Some bankers will meet with students on other days.
This year, U.S. Bank is partnering with the Securities Industry and Financial Markets Association (SIFMA) and the SIFMA Foundation for a new initiative called Invest it Forward. It is designed to help youth understand how the capital markets work, and how to harness it for their own benefit - to save and invest for an education or to start a new business.
Established by the American Bankers Association in 1997, Teach Children to Save lessons have reached six million young people across the United States through the commitment of 130,500 banker volunteers. In 2013, savings lessons were taught by more than 1,300 U.S. Bank employee volunteers to 32,000 students for Teach Children to Save Day.