MINNEAPOLIS--(BUSINESS WIRE)--April 24, 2007--On Tuesday, April
24, thousands of schoolchildren will learn from members of the their
local U.S. Bank team how to save money during the 11th annual
"National Teach Children to Save Day." This event is sponsored by the
American Bankers Association (ABA) Education Foundation.
The ABA Education Foundation's National Teach Children to Save Day
is a day when thousands of bankers across the country make
presentations in schools to students in kindergarten through 12th
grade. During National Teach Children To Save Day in 2006, more than
10,000 bankers, including U.S. Bank employee volunteers, gave nearly
half a million 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 lifestyle.
"Smart money managers are not born, they're made," said Laura
Fisher, director of the ABA Education Foundation. "The sooner children
learn about saving, spending and budgeting, the sooner they can
develop good financial habits."
"Bankers have an opportunity to play an important role in
children's lives, which can positively impact their financial
well-being for many years," said Richard Davis, president and chief
executive officer of U.S. Bancorp, the parent company of U.S. Bank.
"More than 260 U.S. Bank employee volunteers throughout our markets
will be doing their part to help schoolchildren in their communities
learn how saving money can help enrich their lives."
Topics that will be covered include budgeting, why it's important
to save for emergencies, savings goals, how interest makes money grow,
the difference between needs and wants. 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 $221 billion in assets, is the
parent company of U.S. Bank, the 6th largest commercial bank in the
United States. The company operates 2,498 banking offices and 4,837
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. Bancorp
Amy Frantti, Media Relations, 612-303-0733
SOURCE: U.S. Bancorp