PORTLAND, Ore., Apr 9, 2003 (BUSINESS WIRE) --
Who: Tina Foster and Kathy Webb, U.S. Bank
Randall Edwards, Oregon State Treasurer
Jeff Rose, Russell Elementary Principal
Second grade students
What: Edwards will read "Lucky the Golden Goose," a story about
saving, to the second grade class and U.S. Bank
representatives will conduct savings lessons as part of
National Teach Children to Save Day
When: Thursday, April 10 at 2 p.m.
Where: Russell Elementary School - 2700 NE 127th in Portland
More than 100 U.S. Bank representatives will visit schools throughout Oregon as
part of National Teach Children to Save Day, a national event sponsored by the
American Bankers Association Education Foundation that is designed to teach kids
their financial ABCs.
The Teach Children to Save program, now in its seventh year, was created to
address the growing financial literacy problem in America. According to the
Jump$tart Coalition for Personal Financial Literacy in Washington D.C. more than
85 percent of students do not have access to personal finance education in
schools. Teen Research Unlimited in Northbrook, Ill. estimates that teenagers
spent $172 billion last year, an average of $104 per week, with little or no
money management training.
National Teach Children to Save Day presentations are geared to students in
kindergarten through 12th grade. U. S. Bank employees will cover topics such as
budgeting, the difference between needs and wants, why it's important to save
for emergencies and how interest makes money grow. Students will have an
opportunity to apply concepts and practices through games and other hands-on
U.S. Bancorp (NYSE:USB) is the parent company of U.S. Bank. With assets in
excess of $180 billion, U.S. Bancorp is the 8th largest financial services
holding company in the United States. The company operates 2,142 banking offices
and 4,604 ATMs, and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services products to
consumers, businesses and institutions. U.S. Bancorp is home of the Five Star
Service Guarantee which assures customers of certain key banking benefits and
services or customers will be paid for their inconvenience. Visit U.S. Bancorp
on the web at www.usbank.com.
CONTACT: U.S. Bank
Teri Charest, Media Relations, 612/303-0732
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SOURCE: U.S. Bank