SALT LAKE CITY, Utah; April 7, 2011 — Achieving your goal by saving money can be a magical experience. That’s the “trick” Franklin Elementary School students in Danielle Hatch’s first
grade classroom will learn from Zions Bank President and CEO Scott Anderson and Executive Vice President Rob Brough on Tuesday, April 12, at 10 a.m.
Anderson and Brough are among hundreds of Zions Bank employees who are visiting local schools to teach more than 20,000 K-12 students in honor of National Teach Children to Save Day. The annual event, now in its 15th year, is a program offered through the American Bankers Association Education Foundation.
The community effort comes at a time when two-thirds of parents report they could be doing more to teach their children about money and the basics of saving, according to the T. Rowe Price “Parents, Kids and Money” study released in March 2011.
“The recent recession has taught harsh lessons to families throughout the country and right here in our local community,” said Anderson. “Many parents hope their children don’t make the mistakes they made and instead learn how to manage spending and save their money. So we’re proud to go into local schools to help show kids how to do it.”
The good news is, young people are eager to receive financial education. Eighty-one percent of teens say the recent recession has motivated them to learn more about managing their money, according to a March 2011 survey from The Allstate Foundation and Junior Achievement USA.Zions Bank is Utah’s oldest financial institution and is the only local bank with a statewide distribution of financial centers, Zions Bank operates locations in communities throughout Utah and Idaho. In addition to offering a wide range of traditional banking services, Zions Bank is also a leader in small business lending and has ranked as the No. 1 lender of U.S. Small Business Administration 7(a) loans in Utah for the past 15 consecutive years. Founded in 1873, Zions has been serving the communities of Utah for 135 years. Additional information is available at www.zionsbank.com.