Cardinal Bankers Teach Children About Saving Money
TYSONS CORNER, Va.--(BUSINESS WIRE)-- Cardinal Bank (Nasdaq: CFNL ) joined with more than 10,000 bankers across America to participate in Teach Children To Save Day. This annual financial education event, established in 1997 by the American Bankers Association Education Foundation, spotlights the importance of teaching our nation’s youth about saving money. Since the program’s launch, the campaign has taught money management skills to over 5.6 million students with the help of volunteers from banks throughout the country. Thirty-three Cardinal employees volunteered for this year’s event, which took place on Tuesday, April 23.
(L-R): Cardinal Bank employees: Ximena Cheatham, Shannon Owens and Barbara Levengood teach students at Terra Centre Elementary School. (Photo: Mattox Photography)
“Cardinal Bank has always been committed to promoting financial literacy, and Teach Children to Save Day is one exciting event that allows our employees to reach out to hundreds of children in our communities,” said F. Kevin Reynolds, President, Cardinal Bank. “Research shows that kids who save are more likely to attend college.We hope our efforts will inspire students to take an important step in learning their financial ABCs, which in turn can help them achieve their financial goals and dreams.”
Cardinal employees taught lessons to more than 600 elementary and middle school students, incorporating games and activities about the concepts of money and saving, how interest makes money grow, the difference between needs versus wants, and how to budget for special purchases.
Cardinal Bank has a long history of actively promoting financial literacy to students within its footprint. Since 2005, Cardinal’s student-run school bank partnerships have created a real-life environment to teach students life and financial skills to build the foundation for a brighter future at elementary and middle schools throughout the Greater Washington region. In 2011, Cardinal expanded its financial literacy initiative into high schools, as the regional sponsor of the EverFi My Money, My FutureSM financial literacy platform. Through Cardinal’s sponsorship, sixty area high schools have access to this innovative learning tool for teaching personal financial concepts at no cost to the schools or students.
About Cardinal Financial Corporation: Cardinal Financial Corporation, a financial holding company headquartered in Tysons Corner, Virginia, serves the Washington Metropolitan region through its wholly-owned subsidiary, Cardinal Bank, with 27 conveniently located banking offices. Cardinal also operates George Mason Mortgage. The Company's stock is traded on NASDAQ (CFNL). For additional information, visit our Web site at www.cardinalbank.com or call 703.584.3400.
Bernard H. Clineburg
Chairman and CEO
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