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Bank of Lancaster Hosts Chesapeake Academy Students

14-Apr-2017

Bank of Lancaster shared the “Teach Children to Save Day” program with Chesapeake Academy first graders and their teacher, Mrs. Kelly Antonio. The day was a part of the Bank’s “Teach Children to Save” efforts, an annual event held each April and sponsored by the American Bankers Association’s Educational Foundation and the Virginia Bankers Association. The event provides an opportunity for banks to partner with their local schools and share with students tips on how to spend and save wisely. Hazel Farmer, Senior Vice President and Consumer Education Director for the Bank states, “This program helps young students to discover the joys and rewards of saving for something special, provides an understanding of the difference between a want and a need, and gives them practical training on how to develop the know-how needed to manage their money.”

Chesapeake Academy Students
Chesapeake Academy students from Mrs. Kelly Antonio’s first grade class recently visited Bank of Lancaster for “Teach Children to Save Day.” Ms. Monica McDearmon from the Virginia Bankers Association, Richmond (left) and Ms. Ann Marchetti with Bank of Lancaster were also on hand for the tour conducted by the Bank’s Consumer Education Director, Mrs. Hazel Farmer.

Farmer gave the students a tour of the Bank’s corporate office in Kilmarnock, presented the “Teach Children to Save” program, and the day concluded with a great lunch at Lee’s Restaurant in Kilmarnock.

Farmer stated. “If good savings habits can be learned early, it will help these youngsters become wiser money managers and help them from making poor financial decisions as young adults that could take years to overcome. As community bankers, we want to help young people achieve a sound financial future; and we have been proud to be a part of the “Teach Children to Save Day” program since its inception twenty years ago. Last April we had the opportunity to share the program with over 500 local students, representing Lancaster Primary, Chesapeake Academy, Northumberland Elementary, Richmond Elementary, Cople Elementary, Washington District, and Colonial Beach Elementary. Over the past 20 years, we have reached thousands of local students with not only Teach Children To Save Day but also the Get Smart About Credit Day and Bank Day programs, as well as the educational opportunities our school bank at Lancaster Middle School provides. We are honored to enjoy a great partnership with our local schools and would like to take this opportunity to again thank all of them for giving us the opportunity to share with their students.”


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