Teach Children to Save is a national program that organizes bank volunteers to help young people develop a lifelong savings habit.
The program was founded by the American Bankers Association in 1997. MidWestOne bank has been participating in the program since 2007. The program is specially designed for grades K-12.
“I believe that the most important thing you can do as a parent is to be a good role model. Be passionate in what you do and you will inspire passion within your children. Be knowledgeable and you will inspire knowledge,” says Michelle Vaughn. Michelle is the Teach Children to Save Program Coordinator for the Pella MidWestOne Bank.
This year 36 Pella Christian kindergarteners went to the bank. Michelle gave a short tour of the main bank location, along with the insurance and investment side.
Michelle and Shawna Tice presented the children with a short lesson on currency fun facts, followed by a coin machine demonstration. What kid doesn’t love to watch their coin spin into the big machine!
Later in the day Michelle and Carol Floden visited Madison Elementary school. 99 kindergarteners were given a short fun facts lesson on currency. They were also quizzed on their currency math skills using Money Monster flash cards. They were a great group of children.
“At the end of our visits each child received a MidWestOne piggy bank. We want to help them start savings young, so along with their piggy banks they received a Kids Club Savings account coupon. We hope to see their smiling faces at the bank for years to come.” Michelle said.