May 09 2013
U.S. Bank Employee Volunteers in Denver Give Savings Lesson to Denver Students
Denver -- May 2, 2013 -- U.S. Bank in Denver celebrated the 17th annual Teach Children to Save Day, an education campaign promoting good money and savings habits, with local students recently.
Twenty-four U.S. Bank employee volunteers met with 144 students from East High School, Martin Luther King Early College, Westminster Public Library and Third Way Center for lessons on how to save.
“U.S. Bank partnered with Operation HOPE, and used the nonprofit’s award-winning financial literacy curriculum -- which included interactive lessons and games,” said Hassan Salem, market president for U.S. Bank in Denver, “U.S. Bank employee volunteers enjoyed spending time with the students, and the students learned many savings tips they can take with them and use on a regular basis the rest of their lives.”
“Operation HOPE is honored to partner with U.S. Bank on a national level and locally, here in the Denver metro area. The volunteer support during the Teach Children to Save events helps us fulfill our goal of empowering students to take responsibility of their financial futures,” said Mary Kathryn Sagaria, Banking on Our Future program manager for Operation HOPE Denver. “It provides U.S. Bank a wonderful opportunity to make a profound impact in the community. This is a perfect example of a win, win, win relationship for U.S. Bank, Operation HOPE, and the youth that we educate.”
Across the company, hundreds of U.S. Bank employees met with local youth to explore ways to save money by budgeting, and “living green,”-- understanding the difference between needs and wants, how to identify expenses, trade-offs and ways to cut spending. Teach Children to Save Day took place Tuesday, April 23. Some bankers will meet with students on other days.
Established by the American Bankers Association in 1997, Teach Children to Save lessons have reached more than 5.6 million young people across the United States through the commitment of nearly 122,000 banker volunteers. In 2012, 1,700 savings lessons were taught by U.S. Bank employee volunteers to more than 57,000 students for Teach Children to Save Day.
Visit www.usbank.com/financialeducation to find out more about U.S. Bank’s financial literacy efforts.Celebrating its 150th birthday in 2013, U.S. Bank is a proud to be a part of the Denver community. With 80 branches and nearly 2,100 employees, U.S. Bank is the third-largest retail bank in the market. Last year, its employees gave back by spending more than 4,300 hours volunteering with local organizations. Statewide, U.S. Bank provided more than $2.3 million in contributions to the community.
About U.S. Bank
(NYSE: USB), with $355 billion in assets as of March 31, 2013, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The Company operates 3,080 banking offices in 25 states and 5,056 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions
About Operation HOPE
Since 1992, Operation HOPE is a global provider for financial dignity and empowerment. With the support of more than 400 private sector companies, 5000 nonprofit organizations and schools and government partners, it has reached over 2-million low-wealth individuals in 273 U.S. cities and South Africa. The social investment banking nonprofit has, raised more than $500 million and helped to restructure more than $360 million in sub-prime mortgages from the private sector, for a total of more than $1 billion in economic activity for the disenfranchised. To learn more about HOPE, visit its website at www.operationhope.org,