6 Mar 2009
Students Learn to Save During Tough Economic Times
DALLAS—Students at Adelle Turner Elementary School will have an opportunity to learn valuable lessons about saving money when Comerica Bank launches its Youth Savings Program at 10:30 a.m., Wednesday, March 11, at the school, 5505 Polk.
The savings program will allow students to take their first steps toward saving money and becoming good financial stewards by opening their own fee-free savings accounts through the Comerica Bank Youth Savings Program.
A makeshift banking center will be set up in the school library and staffed by Comerica Bank employees. Approximately 50 first grade students will line up to make their first deposits and participate in the pilot program designed to aid in their financial development.
Once a month, bank employees will visit the school and give these same students an opportunity to make deposits at the in-school bank. Each student will be provided a savings register to record the transactions and will receive quarterly statements from Comerica Bank.
The program aims to help students learn about the value of money and the concept of saving.
As part of the Reform Governance in Action training program, the Dallas ISD Board of Trustees has developed its vision and a set of core beliefs and commitments. The vision of the board is to be the best urban district in the United States. The third of their beliefs is: We believe that educational equity and excellence will eliminate the achievement gap.