Regions teaches financial literacy

Published 3:56 pm Tuesday, December 1, 2009

Regions today announced a goal of teaching financial literacy in every school system in Regions’ twelve-county North Central Alabama market area within the next twelve months.

To get this commitment off to great start, Regions bankers completed more than 60 presentations and trained approximately 2,000 students during Regions Bank’s Save More Week Nov, 2-6.

Children learned about savings and basic financial literacy through the Regions Scholars and Dollars SAVE program.

Regions’ twelve-county north central Alabama market area includes Blount, Calhoun, Cherokee, Cullman, Etowah, Fayette, Jefferson, Shelby, St. Clair, Talladega, Tuscaloosa and Walker counties.

“As the largest bank in North Central Alabama it is important that Regions do its part to help everyone in our community build a strong foundation financially,” said Bill Horton, area president for Regions in north central Alabama.

“Getting into the habit of saving at an early age not only benefits young people, it is also good for the community as a whole and I’m proud to have our local associates volunteering to make this a reality,” Horton added.

During Regions Bank’s Save More Week, people of all ages in north central Alabama had opportunities not only to save but to learn new ways to keep more of what they earn.

Regions bankers and employees were visible around town promoting and encouraging people to save in a variety of ways.

“It might surprise people to learn that less than two years ago, the national savings rate in this country was practically zero,” said Horton.

“But in the midst of this downturn, we’ve seen a change. People want to save. People are looking for advice and direction on how they can save more,” he added.

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