Needham Bank Talks Financial Education with Local Needham Students

NEEDHAM, Mass. - June 10, 2014 - PRLog -- June 09, 2014, NEEDHAM, MA--For the past few months Iris Tomlak, Marketing Officer and Linda Fortier, Vice President, have met with over 50 students at the Needham YMCA After School Program to share Needham Bank’s financial literacy lessons.

Lessons brought together real life and classroom learning, incorporating hands-on scenarios and children’s experiences to help them understand the basic principles of using money wisely. Subsequent discussions explored saving, budgeting, prioritizing and more.

“We have made this commitment to the Needham YMCA and community because we strongly believe that if we can better educate the students of today, then they will become the financially responsible citizens of tomorrow,” stated Jack McGeorge, Needham Bank’s CEO and Chairman of the Board.

“The YMCA is incredibly proud of its strong history with Needham Bank.  Over the last decade we have collaborated on many projects and together are making Needham a stronger, healthier community,” said Ted Cormier-Leger, Executive Director of the Charles River YMCA. He added that he’s “not sure who has had more fun with the program, the kids or the bank staff!”

The idea for the financial education program came from a brainstorming meeting between YMCA and bank leadership to determine ways to help young people understand the importance of saving for the future.

After the successful partnership during the After School Program, Needham Bank and the YMCA are in talks to develop similar offerings for their summer camp and Fall programs.

About Needham Bank

Needham Bank, headquartered at 1063 Great Plain Ave. in Needham, MA, is the quintessential community bank, serving Boston and its neighboring communities continuously since 1892. Needham Bank represents the evolution of community banking™, offering the latest financial products and technologies, while maintaining an unwavering commitment to the communities served. For more information please visit NeedhamBank.com. Needham Bank is a member of FDIC and SIF.