Youngsters Get Interest in Banking
The banking program teaches the importance of saving from a young age.
Students learn about money and the importance of saving first-hand at the Grafton schools. You can take that to the bank. Students in kindergarten through grade 5 participate in a school banking program, sponsored locally by the Grafton Suburban Credit Union and nationally by schoolsavings.com. Once a week, students make a deposit at school with the help of an adult volunteer. The volunteer takes the student funds to a local bank or credit union and makes a lump sum deposit. The next business day, Websaver processes the funds through the Federal Reserve Banking System. Student deposits appear on their regular account statements. The program teaches the youngsters the importance of saving by allowing them to see their deposits grow week to …
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