OneWest Bank Introduces Financial Education Activities to Celebrate ‘Teach Children to Save’ Day

In support of Teach Children to Save Day, Pasadena-based OneWest Bank, CIT’s Southern California retail bank division, is introducing a new financial education tip sheet to help parents and families instill the importance of saving from an early age.

Teach Children to Save Day is a national campaign that raises awareness about the important role that banks and bankers play in helping young people develop lifelong savings habits. This year, Teach Children to Save Day is Friday, April 24.

“With many schools closed, OneWest Bank is committed to empowering Southern Californians to navigate this unique time,” Heather Ellison, OneWest Bank head of Retail Branch Banking, said. “As part of our effort to support consumers and their families we’ve created a series of fun, engaging activities that help parents teach healthy savings habits to their children while they are learning remotely.”

Activities include making play money for use in learning to count and teaching strategies on how to budget to reach a financial goal.

Also included is OneWest Bank’s Personal Finance Empowered, a free online financial education tool offering a number of learning modules suitable for all ages. Learning sessions cover more than 30 different topic areas and are available in both English and Spanish.

“Our goal is to build financial confidence by offering a range of easy-to-grasp, interactive activities,” Ellison continued.

OneWest is introducing these efforts in tandem with its Kids’ Savings Bonus Offer which includes a $25 bonus on new Personal Savings Accounts opened for the benefit of the child. For parents, opening the account is another solid step to help educate their children about the importance of saving.

To learn more about OneWest Bank’s Teach Children to Save Day tip sheet and Kids’ Savings Bonus Offer, visit this link and www.onewestbank.com/smartsaving.