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Press Release

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Reading Co-operative Bank’s Mike Foley Teaches Importance of Saving to Joshua Eaton Kindergartners

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READING, MA – On January 25th, students in Anne Manna’s kindergarten class at Joshua Eaton Elementary School were visited by Mike Foley of Reading Co-operative Bank to learn about saving money.

The class of twenty students gained a basic understanding of saving through a group discussion led by Foley. Topics covered included determining the difference between needs and wants, the concept of interest and savings accounts, and learning to save money. “It was fun to get a different perspective on savings and find out what the students wanted to save for,” said Foley. “Mrs. Manna has an excellent class who already had a great sense of savings.”

After the 45 minute discussion, Manna had her students take an oath to promise to save their money. Foley presented each student with a piggy bank, provided by Reading Co-operative Bank, and gave them the assignment of naming their piggy bank. The students have requested that Manna create a “pig pen” for their piggy banks so that the pigs can be together.

Reading Co-operative Bank is a dynamic, 21st-century community bank, founded in 1886 on the principle that profit and growth go hand-in-hand with responsible banking and service to the community. They are a 5-star bank that is rated in the top 7% of banks in the country for overall financial condition by Bauer Financial. Customer Service Specialists can be reached at 781.942.5000, readingcoop.com or by visiting one of the locations in Reading, North Reading, Wilmington, Woburn and now in Andover and Burlington.

 

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