Free community program promotes financial literacy
Being smart about money isn’t always easy. Staying smart about money can be even more of a challenge. First National Community Bank (FNCB) and the Osterhout Free Library, 71 South Franklin St., Wilkes-Barre, are partnering during Money Smart Week to promote financial literacy.
Money Smart Week is a public awareness campaign designed to help consumers better manage their personal finances. The goal is to teach the importance of financial literacy, inform consumers about where they can get help and provide free educational seminars and activities.
The events kick-off on Saturday, April 21, with FNCB employee volunteers giving presentations on direct deposit and youth savings followed by a “Teaching Children to Save” lesson for K-6 grade students. On Tuesday, April 24, parents of young children will learn the importance of saving early as part of the Books & Babies program.
Saturday, April 21
Financial Literacy Information Fair (11:00 - 2:00) Representatives from FNCB will be on hand to discuss direct deposit and youth savings. Information will focus on Go Direct - the requirement that all Social Security checks be direct deposited by March 1, 2013 and FNCB's innovative Simply Smart program. Simply Smart rewards students for good grades - for every A on a child's report card, FNCB deposits $1 into their youth savings account!
Teaching Children to Save Program - A Tale of Two Brothers (2:30 - 3:30) Geared towards children in grades K-6, students will hear a story about twin brothers. One is a spender and one is a saver. The brothers have the same savings goal, but at the end of the story only one reaches it. After listening to the story, children learn how much each twin earned, saved and spent and be able to:
• Recognize the importance of tracking money earned and spent.
• Explain how saving money in a bank can help them buy the items they want later.
Tuesday, April 24
Books & Babies Program – Start your kids EARLY (9:30 – 10:30) FNCB volunteers will present a program to parents of one to three year-old children. While the children are participating in playtime activities, parents will learn about the about the importance of starting savings plans early, especially for college. The program will conclude with a brief story time and each child will receive a board book to take home.
"This important financial literacy event offers local residents access to financial education information that will help them better manage their personal finances," said Joe Earyes, FNCB First Senior Vice President, Retail Banking Officer. "FNCB is committed to offer members of our community the tools and resources they need to reach their financial goals, both today and in the future." The support of Osterhout’s Money Smart Week represents part of FNCB’s larger Community Caring initiative. Through outreach programs, donations and an employee volunteer network, FNCB is committed to helping the communities they serve.
For more information or to register, please contact Elaine Stefanko at 570-821-1959 or firstname.lastname@example.org. The events are open to the public and there is no cost to participate
Representatives from FNCB and the Osterhout Free Library meet to plan Money Smart Week. Money Smart Week is a public awareness campaign designed to help consumers better manage their personal finances. The goal is to teach the importance of financial literacy, inform consumers about where they can get help and provide free educational seminars and activities. From left: Peggie Phillips, Information Services Clerk; Joanne Austin, North Branch Supervisor; Lois Miller, FNCB Customer Care Center; Amy Campbell, FNCB Kingston Branch Manager; Elaine Schall, Circulation & Readers’ Advisory; Kathleen Szafran, Plains Branch Supervisor; and Elaine Rash, Youth Services Director.