MINNEAPOLIS--(BUSINESS WIRE)--April 29, 2008--Hundreds of U.S.
Bank employees will meet with students in their local markets to teach
them how to be savers for life during the 12th annual Teach Children
to Save program on Tuesday, April 29. This event is sponsored by the
American Bankers Association (ABA) Education Foundation.
"U.S. Bank has been a strong supporter of Teach Children To Save,"
said Richard Davis, chairman, president and chief executive officer of
U.S. Bancorp, the parent company of U.S. Bank. "This is a great
opportunity for students to participate in fun savings lessons which
will help them learn why saving money plays an important part of a
person's quality of life."
In participation with the ABA Education Foundation's Teach
Children to Save program, thousands of bankers across the country make
presentations in schools to students in kindergarten through 12th
grade. During Teach Children To Save 2007, more than 10,000 bankers,
including U.S. Bank employee volunteers, gave almost 400,000 students
basic saving and money management lessons. These efforts help students
learn not only why it's important to save money, but how to make it a
part of their everyday life.
"Bankers and financial education are a perfect fit," said Laura
Fisher, director of the ABA Education Foundation. "Students appreciate
financial lessons from bankers, as they would appreciate music lessons
from a musician. The ABA Education Foundation applauds U.S. Bancorp's
commitment to build a generation of financially literate consumers."
U.S. Bank employee volunteers will teach children how to be savers
for life. Topics that will be covered include the difference between
needs and wants, budgeting, why it's important to save for
emergencies, how to create and reach savings goals and how interest
makes money grow. Students will have an opportunity to apply concepts
and practices through games and other interactive, fun activities
appropriate for their grade level.
U.S. Bancorp (NYSE: USB), with $242 billion in assets, is the
parent company of U.S. Bank, the 6th largest commercial bank in the
United States. The company operates 2,522 banking offices and 4,844
ATMs, and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services products
to consumers, businesses and institutions. Visit U.S. Bancorp on the
web at www.usbank.com.
CONTACT: U.S. Bank
Amy Frantti, Media Relations, 612-303-0733
SOURCE: U.S. Bank