It is a well known fact that there is a strong link between financial education and the ability to manage and save money. But did you know that the Banking on Kids program was specifically designed to begin this learning process at the elementary/middle school level.
In 1995, the first Banking On Kids student-run bank opened . It proved to showcase just how simple it is to teach "banking concepts" to very young children.
The intent of opening a bank within an elementary/middle school is threefold: