Employees of Ridgewood Savings Bank gave personal finance and savings lessons to approximately 3,800 students from 27 public and private junior high schools throughout Queens, Brooklyn, Bronx, Manhattan, Nassau, and Suffolk Counties as part of the American Bankers Association Education Foundation’s National Teach Children to Save Program.
Ridgewood Savings Bank employees joined bankers across the country who went “back to school” to help fill the need for financial education among students. An essay contest was held at eight schools and the winner at each school was awarded a U.S. Savings Bond along with a Ridgewood Savings Backpack filled with school supplies. Second and third place winners received a backpack.
Ridgewood Savings Bank chairman, president and CEO William C. McGarry said, “Through this program, we want to help young people understand personal finances and the importance of saving. It is our hope that these valuable lessons will remain with them throughout their lives.”