Ionia, MI (PRWEB) July 1, 2008
Independent Bank associates throughout the state participated in National Teach Children to Save Day on April 29 by visiting local schools and providing lessons to students on how to save and manage their money.
In partnership with the American Bankers Association Education Foundation and financial leaders throughout the country, Teach Children to Save Day provided an opportunity for discussion among family members and in classrooms about the importance of financial responsibility.
This year, 201 Independent Bank associates visited a school and presented a lesson plan to a classroom, reaching 12,162 students.
"As a community bank, it's important to help children learn to build a healthy financial future. That's why I am so pleased with the results this year. It not only shows we care about educating our children about financial responsibility, it illustrates the investment in our communities across the state," said Mike Magee, president and CEO of Independent Bank.
Using lesson plans and resource kits from the ABA, associates presented lessons to students in communities throughout the state in grades ranging from kindergarten to 12th grade. The younger elementary students participated in lessons on recognizing coins, the value of a dollar and identifying needs vs. wants. Students in the middle grades examined different methods of saving money, how to make decisions about the use of money and how to make a budget. The high school students learned about income, when to take less or more risk and the consequences of each. The high school students also learned what the costs may be for a new apartment.
"This is a great opportunity for Independent Bank associates to give back to the community, get involved with area children and help to build a healthy financial future," said Shelby Reno, senior vice president of marketing and communications, Independent Bank. "Students who become smart savers today can become smart investors and money managers in the future."
About Independent Bank Corporation
Independent Bank Corporation (NASDAQ: IBCP), is an Ionia, Mich.-based bank holding company with total assets over $3 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation now operates over 100 offices across Michigan's Lower Peninsula providing a full range of financial services including retail and commercial banking, mortgage lending, investments and title services. Financing for extended automobile warranties are also available through Mepco Finance Corporation, a wholly-owned subsidiary of Independent Bank Corporation. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, its stockholders and the communities it serves. Please visit the Web site at IndependentBank.com.
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