Smithville Montessori Academy Announces Partnership with Platte Valley Bank’s Children Savings Program: The Dollar Bill Club
Posted By: Noel Hundley
I want to share a podcast from SMA’s Director Of Curriculum Mandy Frayer who talks about The Dollar Bill Club savings program with Platte Valley Bank and why its important for children to start learning the value of their financial futures.
Listen to the podcast
SMA’s Partnership With Platte Valley Bank’s Children Savings Program: The Dollar Bill Club
Platte Valley Bank has invited Smithville Montessori Academy’s children to participate in its savings program, the dollar bill club. Platte Valley Bank has had great success with other schools in the area with this program.
It is important the children understand the importance of a savings because of the prevalence of debt and the way the economy is. Children need to understand what they can do to take responsibility of their financial futures. Platte Valley Bank makes it easy for the children to truly understand what a savings account is and how they can begin to put money away for their own future.
The club will be convent and easily assessable for children and parents. Every two weeks a Platte Valley Bank representative will help the children fill out a deposit slip, even if it’s just change. With a Platte Valley savings account the children don’t have to remember their account number, have a minimum balance or pay fees for not maintaining the minimum balance. Platte Valley Bank is paying a high interest rate for the dollar bill club savings account. The account will be open to the children until they are 23 years old. Our goal is to help children plan for their financial future.
For More Information:
Mandy Frayer
Director Of Curriculum
(816) 532-4905
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