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May 22, 2006
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Financial Literacy Efforts Reach More Students
More than 8,000 bankers—a record—participated in this year's
National Teach Children to Save Day, the ABA Education Foundation reported
this week.
Tennessee was one of only nine state associations plus Guam, Puerto
Rico, and the District of Columbia that reached the goal of 20 percent
participation by eligible member banks. Thanks to all the Tennessee
banks that made presentations for Save Day and made this distinction
possible.
Since
the program's inception 10 years ago, volunteer bankers have reached
more than 1.5 million students with information about savings, budgeting,
and money management.
During a public meeting of the Financial Literacy and Education Commission
on Wednesday at the Treasury Department in Washington, DC, ABA's executive
director for Communications, Ginny Dean, joined a panel of federal regulators
and financial industry representatives to discuss the work of the ABA
Education Foundation and the banking industry's growing role in promoting
financial literacy. Read
about FLEC and its "National Strategy for Financial Literacy."
Read
about the ABA Education Foundation .
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