American National Bank Opens Two Financial Literacy Programs at Elementary Schools
American National Bank is pleased to announce the recent opening of their financial literacy program at two elementary school branches: Lewis & Clark Elementary School Branch in Council Bluffs on Friday, October 12 and Carriage Hill Elementary School Branch in Papillion on October 17.
American National Bank and the two elementary schools have teamed up to bring a financial literacy program to students in K–5th grade. Students who receive parental permission can open a checking account and make deposits weekly to start saving for the future.
Students are encouraged to set savings goals with incentives throughout the year to keep them on track. As part of the program, 5th grade students take a test and are interviewed to become bank tellers. As tellers, they are trained to handle their peers’ transactions and market the bank’s student-specific accounts.
“Research suggests creating a hands-on experience with financial literacy has a greater impact on positive money management, empowering our youth to take charge of their financial future,” said Andrea Patten, American National Bank branch manager. “We truly appreciate our partnership with the Council Bluffs School District and look forward to building the foundation for a savings-focused youth.”
American National Bank is the second largest locally-owned bank based on deposits in the Omaha/Council Bluffs market area. For more information, visit www.american.bank.