Tennessee Banks and Bankers Honored For Consumer Education Efforts

 

May 23, 2006

DOWNLOAD: 2006 Award Winners List

 

Click for larger imageLeft to right: Thom Hagan and Charlie Smith, representing award ceremony sponsor The Plateau Group, Inc; Tonya Gallian, Peoples Bank, Waynesboro, winner of the 2005-2006 Outstanding PEP Banker Award; TBA Young Bankers Division President Chet Alexander, senior vice presi-dent/credit administration, First State Bank, Union City.

 

 
Click for larger imageLeft to right: Thom Hagan and Charlie Smith, representing award ceremony sponsor The Plateau Group, Inc; Julie Heath, PhD, University of Memphis, winner of the Financial Literacy Teacher of the Year Award; TBA Young Bankers Division President Chet Alexander, senior vice president/credit administration, First State Bank, Union City.  


Tennessee Banks and Bankers Honored For Consumer Education Efforts
Memphis State Instructor Earns Award for Teachers

NASHVILLE – The Tennessee Bankers Association (TBA) Young Bankers Division re-cently honored outstanding banks and bankers for excellence in educating the public about personal finance, banking, and economics through the Personal Economics Program (PEP). More than 100 awards and certificates were announced during a special ceremony at the TBA’s 2006 Leadership Convention held at The Peabody in Memphis, April 23–25.

Increasing financial literacy and fiscal responsibility is a mission that bankers take seriously. The Young Bankers Division has coordinated these efforts in Tennessee for more than 30 years when they first launched an aggressive campaign to assist teachers in broadening the public under-standing of banking. From July 1, 2005, the beginning of the “PEP year,” through March 20, 2006, bankers in Tennessee reached almost 72,000 persons making 1,570 presentations to students from kindergarten through college, civic and business organizaitons, seniors groups, and other consumers to help them understand personal money management, the wise use of credit, identity theft, predatory lending, and other such issues. The PEP awards are one way of bringing public recognition and awareness of the contributions these bankers make to their communities.

OUTSTANDING PEP BANKER AWARD
The highest award, Tennessee’s 2005–2006 Outstanding PEP Banker Award, was pre-sented to Tonya Gallian, Peoples Bank, Waynesboro. This recognition is awarded to a Ten-nessee bank or banker for superior educational contributions to the local community.

Peoples Bank develops a theme each year to guide their financial literacy and community ac-tivities. They used Robert Frost’s poem “The Road Not Taken” to demonstrate to customers and people in the community the many goals and paths to take with their money that can provide them with greater success in the future.

Bank employees visited numerous elementary and high school classrooms through the year to explain the importance of managing your money wisely, saving for the future, and more. They also hosted students for visits to the bank.
For upper classmen, Peoples Bank operates a “school bank” at two local high schools.

FINANCIAL LITERACY TEACHER OF THE YEAR AWARD
The Financial Literacy Teacher of the Year Award, instituted in 2005, is presented to a Ten-nessee teacher, at any level, for outstanding contributions to economic education. This year’s win-ner was Julie Heath, PhD, an economics professor at the University of Memphis.

Dr. Heath was nominated for the award by First Tennessee Bank National Association, which has worked with her for almost four years. She established the Center for Economic Education at the University of Memphis to instruct area teachers in new and fun ways to teach economics to their students by integrating economics and financial literacy into other disciplines.

In addition, Heath has devoted time to the Memphis/Shelby County Predatory Lending Task Force and is working with the state legislature to implement a financial literacy curriculum in Ten-nessee schools.

TOP PEP BANKER / GRAND DIVISION AWARDS
The Grand Division Awards are presented to the banker in each division of the state who makes the most presentations concerning financial literacy during the PEP year, which begins July 1 of each year. The 2005-2006 Grand Division Awards went to:
Top PEP Banker for East Tennessee – Diane Riggs, Community National Bank, Dayton, with 264 presentations reaching more than 4,100 contacts
Top PEP Banker for Middle Tennessee – Patty Pearson, Cavalry Banking, now Pinnacle Financial Partners, Murfreesboro with 235 presentations and more than 26,300 contacts
Top PEP Banker for West Tennessee – Alice McClanahan, INSOUTH Bank, Brownsville with 124 presentations and 1,120 contacts.

SAVE DAY & CREDIT DAY AWARDS
Teach Children to Save and Get Smart about Credit are two nationwide consumer education initiatives established by the American Bankers Association Education Foundation. Save Day focuses primarily on younger students, instilling in them the need and desire to save by helping them differentiate between “wants” and “needs.” For Credit Day, bankers work with young peo-ple, particularly teenagers and college students, on the importance of managing credit wisely. The Teach Children to Save Award and Get Smart about Credit Award recognize the banks that made the most presentations in conjunction with each of these national financial literacy initiatives. For the second straight year, both of these awards went to First Century Bank, Tazewell.

GOLDEN PEP BANKER AWARD
The TBA also presented the Golden PEP Banker Award to individual bankers who com-pleted 75 or more presentations between July 1, 2005, and March 20, 2006. Twelve bankers re-ceived this distinction:
Diane Riggs, Community National Bank, Dayton, 264 presentations
Patty Pearson, Cavalry Banking, Murfreesboro, 235 presentations
Wonda Turnbo, Wayne County Bank, Waynesboro, 157 presentations
Holly Haggard, Wayne County Bank, Waynesboro, 147 presentations
Alice McClanahan, INSOUTH Bank, Brownsville, 124 presentations
Helen Maclin, First Citizens National Bank, Dyersburg, 108 presentations
Elizabeth Teeftaller, Wayne County Bank, Waynesboro, 91 presentations
Stacey Hardin, Wayne County Bank, Waynesboro 82 presentations
LaDonna Spry, First Citizens National Bank, Dyersburg, 79 presentations
Joyce Hanlon, First Citizens National Bank, Dyersburg, 77 presentations
Debra Gingery, First Citizens National Bank, Dyersburg, 75 presentations
Vincent Haymon, First Citizens National Bank, Dyersburg, 75

OTHER AWARDS – LISTS FOLLOW
Other awards presented at the TBA Leadership Convention were the Certificate of Achieve-ment, Certificate of Outstanding Bank Participation, and Certificate of Recognition.

To be eligible for the Certificate of Achievement, individuals had to complete 12 or more in-school bank activities before the March 20, 2006, deadline. The in-school bank program fosters the savings habit of children by offering a real-life savings program to students within the school environment.

The Certificate of Outstanding Bank Participation was presented to each bank with two or more bankers who completed a combined total of 12 or more PEP presentations.

The Certificate of Recognition was presented to bankers who completed 12 or more PEP presentations of any kind to any age group.

Following is a complete list of individuals and banks, arranged alphabetically by city, that earned these awards—Certificate of Achievement, Certificate of Outstanding Bank Participation, and Certificate of Recognition.

For the second straight year, the Plateau Group, Inc, Crossville, sponsored the awards cere-mony at The Leadership Convention.

The Personal Economics Program, established by the American Bankers Association

in 1977, is a volunteer effort of bankers working with educators and other community groups to teach consumers of all ages about personal money management skills, banks, and banking services. The Tennessee Bankers Association’s Young Bankers Division began administering PEP in Ten-nessee in 1980. For more information about PEP, contact Dianne Martin or Monique Jenkins in the TBA office.

DOWNLOAD: 2006 Award Winners List

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The Tennessee Bankers Association is a not-for-profit organization representing all of Tennes-see’s commercial banks and thrift institutions. The association provides continuing education, develops and monitors state and federal legislative agendas, disseminates information on all fac-ets of the financial services industry, and promotes the public image of financial institutions.