Below you'll find a list of all posts that have been categorized as “Bank”
On Wednesday, February 24th, 100 students from three Denver and Aurora Public Schools were treated to a live webinar with NBA basketball legend, Ervin Johnson, and the President and CEO of Young Americans Bank, Rich Martinez, Jr. The event was part of the Nuggets Math Hoops program and was hosted by Coach Calvin of Learn Fresh Education. Fielding students on-point questions, Johnson and Martinez got right …
“Time is money” is a familiar expression. When it comes to saving, a plan where you start with less money early will often have greater ultimate value than saving larger sums later. The additional time matters because of compounded interest, a concept that is known as the time value of money. One of the best financial habits you can form …
Experts agree: saving is important. So today Young Americans Bank shares a great tip for growing your savings: 70 / 20 / 10! You might notice that 70 + 20 + 10 = 100. These numbers correspond to percents that you can use any time you receive money: Some kids receive money as an allowance. Some earn money because they …
Young Americans Bank and Center for Financial Education are honored to welcome six new Board Members this year to help lead our organization. Their experience and passion are such an asset to both institutions, and they are already hard at work providing guidance, support, and oversight. Meet all six Board Members below! Chris Becze, Armanino As Tax Partner at Armanino, …
What is a Register? When you open a savings account or a checking account, one thing you’ll receive is a register. Your register helps you keep track of your money so that you know exactly how much you have. How to use a Register It is very important to keep track of your own transactions in your register, and then …
The holidays are quickly approaching, so today Young Americans Bank brings you our tips for savvy shopping! Whether you’re looking for the perfect gift or you’re looking to spend some money you’ve been gifted, these tips will help you save money. Think before you buy Do you really need this? Is this the one you want and will you still really, …
When I was eight years old, Pokémon cards were the “must have” toy. At recess, my friends and I would take out our cards, look at them, trade them, play games with them, and more–we were obsessed! One day, I was at the store with my mom and I asked her if I could get a limited edition pack of …
For Loan Officer Natasha Rea, working at Young Americans Bank is her dream job. She just became the Bank’s new Loan Officer, so I sat down with her to learn more about her passion for youth financial education. You could argue that Natasha Rea grew up at Young Americans Bank. Her mother worked in the Accounting department, which meant that Natasha became knew the Tellers …
These two words sound similar, but in fact they are very different: debit and credit. This month, Young Americans Bank introduces these two concepts to help youth understand what they are and how they are used in the banking world. Credit The term credit relates to borrowing. When using a credit card, you borrow money from the credit card company to …
It’s hard to step foot inside a bank without seeing the letters FDIC. And that’s for a good reason! The FDIC, or Federal Deposit Insurance Corporation, is an independent agency created to keep customer money safe. Today’s blog will explore how the FCID came to be and why consumers can trust banks that are members of the FDIC. In the …
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