Teach Children to $ave is a statewide program supported by the Delaware Bankers Association and the University of Delaware’s Center for Economic Education and Entrepreneurship.

Employees from Discover Bank taught 200 third- and fourth-grade students in eight classes about the value of saving. Participating schools included Milton Elementary School, North Georgetown Elementary School and Woodbridge Elementary School.

Bank staff read from the new children’s book “The Great Investo and the Astounding, Abounding, Compounding Machine.” The book illustrates the concept of compound interest and the importance of saving to elementary schoolchildren.

All participating teachers received copies of the book, and all the children were provided with appropriate lesson plans that are aligned with Delaware state standards in economics.
This banking program is made possible through a business-education partnership formed between the schools and the bank in an effort to teach the value of savings to elementary school students.

“Discover Bank is pleased to be working with local schools to promote financial literacy to children. We feel saving money at a young age will engender a value of financial responsibility that will be utilized throughout the lives of all the students involved. We are very pleased to be able to participate in this program within our community,” said Sherry Berman, branch manager for Discover Bank.