Bankers Nationwide Mark Teach Children to Save Day

As part of Financial Literacy Month, bankers across the country are marking the ABA Foundation's annual Teach Children to Save Day today by volunteering in classrooms and communities to help young people build essential money skills, reinforcing the banking industry’s long standing commitment to youth financial education. 

“Teach Children to Save Day highlights the powerful role bankers play in helping young people build confidence and lifelong money skills,” said ABA President and CEO Rob Nichols. “By sharing real world experiences and practical lessons, banker volunteers are helping students understand how smart financial decisions can support their goals and strengthen their communities.”
 
The Teach Children to Save campaign is just one example of the banking industry's strong response to the Treasury Department's call for individuals and businesses to participate in Financial Literacy Month activities.
 
“On the eve of our nation’s 250th anniversary, it is encouraging to see thousands of students, educators, and banking volunteers across the country participating in Financial Literacy Month through the ABA Foundation’s Teach Children to Save Day,” said U.S. Treasury Secretary Scott Bessent. “Financial literacy fuels the American Dream, and initiatives like Teach Children to Save help equip the next generation with the knowledge to unlock both opportunity and long-term financial security.”
 
Now in its 29th year, the nationwide Teach Children to Save campaign mobilizes banker volunteers to deliver age-appropriate financial education to students through in-person classroom visits, community events, virtual presentations and online resources. These year-round lessons introduce foundational money concepts such as goal setting, saving, budgeting and making thoughtful financial decisions. 
 
Over the past three years, Teach Children to Save and the ABA Foundation’s other initiatives have enabled more than 1,300 banks and 110,000 bank volunteers to reach millions of people nationwide with financial literacy and fraud prevention resources. The ABA Foundation provides all of the Teach Children to Save resources and programming at no cost to every participating bank in the country. Banks of all sizes can register for all of the ABA Foundation financial education programs, including Teach Children to Save, here.

Support for Financial Literacy Month

In addition to his support for the Teach Children to Save campaign during Financial Literacy Month, on Friday Secretary Bessent will host community bank leaders directly involved in financial education at the Treasury. The roundtable will give the Secretary the chance to learn more about successful financial literacy efforts at the local level as the Treasury Department works to update the National Strategy on Financial Literacy. The ABA Foundation recently shared its suggestions in a comment letter.

“We appreciate Secretary Bessent and the Treasury Department's strong commitment to financial education and the important role bankers play in delivering those lessons,” said Lindsay Torrico, executive director, ABA Foundation. “Bankers are part of the fabric of their communities and Teach Children to Save Day is just another great opportunity for them to make a real difference in the lives of young people." 

Teach Children to Save Day at ABA

ABA is observing Teach Children to Save Day by hosting its annual Take Your Child to Work Day, where more than 80 children of ABA staff will participate in financial literacy lessons and service activities. During the day’s programming, younger students will engage in interactive lessons introducing basic money concepts, while older students will participate in a financial education session focused on the cost of owning a pet, helping them understand real world expenses and financial responsibility.

For more information about Teach Children to Save Day and the ABA Foundation’s financial education initiatives, visit www.aba.com/foundation.