Every year in September we start a passbook. The passbook gives kids an initiative to come into the bank once a month either to make a deposit, answer our trivia question, empty their piggy banks into our coin machine, attend a money matter class or by referring a friend. Once they do any activity they will get a teller’s signature …
What does “pay yourself first” mean? Once you deposit money into your savings account it is safer, and you’re less likely to spend it than if you keep it with you. When you save at a bank, your money earns interest—free money the bank gives you. The longer your money stays in the bank, the more interest you earn. When you Pay …
Beat From the Branch: Customer Stories
Every day we get scores of customers coming through our Far Northeast Branch. There are students from the Evie Dennis Campus, families from Montbello, and people in the area wanting to check us out. Here are a few stories and experiences from customers who recently stopped by. “I think that Young Americans Bank Is the Best. I can’t forget the …
This month we’re discussing the concept of credit versus debit. At Young Americans Bank, you can apply for either card — or both — but it’s important to know the difference and how each can be used. Debit Debit cards are swiped like credit cards, but the money comes directly out of your checking account. Because this money comes directly …
The Young Americans Bank scavenger hunt is back! Our #PigsAroundTown campaign was so wildly successful, we wanted to bring back the scavenger hunt and give our customers another opportunity to earn some money and think about banking. Starting on March 23rd and running through April 3rd, customers will be encouraged to head around to five different locations in Green Valley …
Each month we focus on one financial topic at Young Americans Bank. While we always encourage saving, March is the month that we’re really talking about savings goals. What’s the Plan? What kinds of things are coming up for which you will need money? School clothes? End-of-summer vacation? College? How are you going to get that money? You need a …
This month we’re discussing credit at Young Americans Bank. Be sure to stop by to pick up worksheets and learn more about the importance of credit. What is credit? Credit is the borrowing of funds with the intent of paying them back. Typically there is a charge for borrowing these funds. The charge is usually in the form of fees …
Have you been out to Far Northeast Denver to visit our bank branch? We’ve been open just over two years and have served thousands of young people in the Green Valley Ranch, Montbello, and Aurora communities. Last year, we open more than 800 new savings accounts for students and community members under age 21. Even with all the young people …
For January, our Concept of the Month is “Follow the Money Brick Road.” We’re talking about money savings tips, and this is a great place to get started. Make a plan! Decide what you are saving for. Write your goals down. Are they goals you will reach soon, after a little while, or way off in the future? Decide how …
We’re starting a new series this year called “Beat From the Branch”. Throughout this blog series, we’ll introduce you to our Far Northeast Denver branch, the staff, our programming, and more. Watch for a post every month. Happy New Year Far North East neighborhood! I wanted to take a minute to wish everyone a HAPPY NEW YEAR!. This is Lila …