Beat from the Branch – Passbook of Savings

Young Americans Center for Financial Education Bank Leave a Comment

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 …

Concept of the Month: Debit vs. Credit

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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 …

Concept of the Month: What’s the Plan?

Young Americans Center for Financial Education Bank Leave a Comment

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 …

Concept of the Month: Credit Smarts

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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 …

Beat from the Branch: Get a Tour

Lila Rodriguez Bank Leave a Comment

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 …