A giant Iowa Bankers Association (IBA) piggy bank made an appearance at the Money Smart Investor Conference on April 2 and is now on display at Iowa State Bank in Des Moines.
The United Way of Central Iowa coordinated the “Great Piggy Bank Savers” pageant contest in conjunction with Money Smart Week, which took place across the state April 2-9. Teachers and Money Smart Week Affiliates were given cardboard pigs and a lesson plan to teach elementary children about saving. The children could decorate the pigs, which were later displayed at participating banks and credit unions during Money Smart Week.
Four organizations – the IBA, Iowa State Bank, McGowen Hurst Clark & Smith P.C. and Triangle Financial Services – were also challenged to decorate large cardboard piggy banks to be displayed at the 2011 Money Smart Investors Conference on April 2.
The IBA piggy bank showcases the new “Iowa Banks – Your Future, Our Focus” logo and reminds consumers that Iowa banks are proud to help Iowans save.
The large piggy banks are currently being displayed at Iowa State Bank in Des Moines where curious customers continued to be amazed.
“They have created a new awareness for saving,” said Marsha Kephart, executive vice president at Iowa State Bank. The large piggy banks will be displayed at Iowa State Bank until April 12.
National Teach Children to Save Day is just days away! The 15th annual event takes place April 12, and all Iowa banks are encouraged to be a part of this nationwide financial education effort. Make sure your bank gets recognized for your financial literacy efforts by registering today.
Recognition includes being listed in the American Bankers Association’s TCTS Honor Roll, the IBA’s website and in the IBA’s Exchange Newsletter.
To register, simply go to the ABA’s TCTS registration website at www.aba.com/ABAEF/TCTSRegistration.htm and enter your event information. For more detailed registration information please check out our blog posted on March 31. Remember, your bank does not need to be an ABA member to register!
To learn more about Teach Children to Save Day go to the ABA Education Foundation website.
Kay Ticer, an eighth grade student from Treynor Middle School in Treynor, was recognized as the 2011 Money Smart Kid at the Money Smart Week kickoff event in West Des Moines on April 1. In addition to being named Iowa’s Money Smart Kid, Ticer also received a $1,000 College Savings Iowa account, co-sponsored by the Iowa Bankers Association and Iowa Credit Union Foundation. Marybeth Foster, executive director of the Iowa Credit Union Foundation, and John Sorensen, president and CEO of the Iowa Bankers Association, presented Ticer with the award.
To qualify for the statewide contest, students in grade six through eight were asked to submit a 300-word essay that described the financial risks and benefits of mortgaging a home from the perspective of the homeowner and the lender. Five essays were selected as finalists to participate in an interview, and Kay Ticer was selected as the 2011 Money Smart Kid.
“Mortgaging a home is one of the biggest and most important decisions that you will be faced with throughout life,” Ticer wrote in her award-winning essay. “What makes this such a big decision is all the financial risks that the homeowner and the lender encounter.”
Kay is the daughter of John and Tammy Ticer of Council Bluffs. As Iowa’s 2011 Money Smart Kid, Kay will serve as a spokesperson promoting financial education during Money Smart Week, taking place April 2-9 in communities across the state. Throughout the week, more than 136 educational events will be hosted by nearly 140 community groups, financial institutions, government agencies, educational organizations and financial experts in an effort to help Iowans of all ages learn to better manage their personal finances. More information about Money Smart Week partners and a calendar of events is available at www.moneysmartweek.org/iowa.
List of registered banks to be delivered to Capitol Hill on April 4
Is your bank participating in this year’s Teach Children to Save Day on April 12? For 15 years the Teach Children to Save program has encouraged banks to enter classrooms and teach lessons on the importance of saving. All Iowa banks are encouraged to participate in the program this year by teaching saving lesson on April 12 or anytime during the month of April.
Your bank can join the list of participating banks – known as the TCTS Honor Roll – by registering online with the American Bankers Association Education Foundation (ABAEF) at www.abaef.com. On April 4, a memo – including the TCTS Honor Roll – will be sent will be sent to Capitol Hill informing congress about bankers’ efforts nationwide to teach children the importance of saving. Make sure your bank is listed by viewing the TCTS Honor Roll. If your bank is not listed please follow these steps to register:
- Go to the Teach Children to Save registration website and click the “register” button. Your bank does not need to be an ABA member to register!
- Enter your bank’s name the way you would like it to appear on the list. Avoid using all caps and abbreviations.
- Enter the number of bankers and students involved. If you do not know the exact number of bankers or students involved, make an estimate. Your bank will have a chance to update your numbers in May and December.
- Enter your bank’s FDIC number. This is not a required field, but it helps the ABAEF identify your bank.
Check the TCTS Honor Roll the following day to make sure your bank is listed
You can learn more about the Teach Children to Save program by clicking here.