IBC Bank-Eagle Pass Celebrates ‘Teach The Children to Save Day’ with Financial Literacy Programs
EAGLE PASS, TEXAS – IBC Bank employees across Texas and Oklahoma are spending this spring using their professional expertise to teach local students the fundamentals of financial literacy. The sessions are part Financial Literacy Month and the American Bankers Association’s Teach the Children to Save initiative. IBC Bank employees have been providing financial education classes to students since 2007. While IBC provides financial literacy courses to schools and community groups year-round, April and May are dedicated to help young people develop a savings habit early in life. This year, IBC Bank employees and officers will provide 177 presentations to 5,197 students across the bank’s two-state footprint.
“Providing financial literacy is essential to our mission of ‘doing more’ for the communities we serve,” said IBC Bank-Eagle Pass President & CEO Hector Cerna. “We partner with local schools to improve the financial literacy of the next generation and in turn our community overall.”
IBC Bank-Eagle Pass will provide 10 presentations to a total of 150 students. The presentations include real-life exercises like paying a mortgage, buying groceries and budgeting for emergencies. Bank officers close the presentations with tips on how to save money and why saving for the future is important.
Throughout the season, IBC Bank employees will present to elementary, middle and high school students lessons that cover a range of financial concepts, from maintaining a check register to reconciling a bank statement and calculating compounded interest earned. IBC’s mission to ‘Do More’ is what inspires the employees to use their knowledge and resources to provide local youth with financial advice.
“With 189 facilities in 89 communities across Texas and Oklahoma, we are reaching thousands of children and teens,” explained Dario Gutierrez III, IBC Bank Financial Literacy Coordinator. “Our employees utilize real-world examples, like the cost of cooking at home versus eating out, to show students the value of saving. We are arming these young people with important knowledge that will benefit them as they make their way through school and beyond.”
About IBC Bank-Eagle Pass
IBC Bank–Eagle Pass is a member of International Bancshares Corporation (NASDAQ: IBOC), an $11.9 billion multi-bank financial holding company headquartered in Laredo, Texas, with 189 facilities and 287 ATMs serving 89 communities in Texas and Oklahoma. IBC Bank’s slogan “We Do More” reflects the bank’s dedication to the growth and success of the customers and the communities it has been serving since 1966. International Bancshares Corporation was ranked 22nd on Forbes’ prestigious list of 100 Best Banks in America in 2019. IBC Bank-Eagle Pass has been serving the area since 2002 and has a retail branch network of 11 locations. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. Follow our Facebook page, @IBCBankWeDoMore. More information is available at ibc.com.
