Community Initiative: Improving Financial Literacy

TEACH KIDS TO SAVE PROGRAM
West Avenue and Cherry Street Schools in Bridgeton
To assist the children in establishing good money management skills, Century has set up bank kiosks inside Bridgeton’s West Avenue and Cherry Street Schools, which are manned one day a week, so students may make real-world deposits into a Century Savings account set up by their parents. Punch cards are given to student account holders and prizes and incentives are awarded after every five deposits.

Haleyville-Mauricetown School in Port Norris
As part of Haleyville-Mauricetown’s afterschool program, CSB Branch Manager Korinne Andrews and staff from the Sherman Ave. location educated 4th Graders on making smarter financial decisions using ‘Decision Leaves.’ Students picked cards from a branch and read a scenario aloud for the class to discuss whether the decision made was good or poor. This exercise teaches children how to identify possible alternatives and examines how decisions can affect how much money a person has. The following week, students toured the Century branch and were given the chance to use the Coin Max machine and work the drive-thru.

Compass Academy Charter School in Vineland
Our two Vineland area branch managers conducted four lessons from The American Bankers’ Association Education Foundation’s Teach Children to Save program for the 2nd and 3rd grade students of Compass Academy Charter School in Vineland. The lesson was designed to educate the kids on saving money and the safer places to do so.