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Country Bank , Ware, MA

Entry Year: 2019
Entry Category: Financial Education
Asset Size: Small
Program Name: Community Financial Education

Program Summary:

We have been committed to Financial Education for many years and work with over 50 schools. Below is a brief description of the programs we offer. Savings Makes Sense is designed for students in pre-k through grade 8 and educates students on the importance of finances and banking. Students learn first-hand how to save money, how banks operate, and they gain a basic understanding of the role money has in our society. This is offered in schools and within our branch network. Credit for Life is a financial literacy exercise where high school seniors are asked to make decisions on how to spend their money. Students role-play the position of a 25-year old adult with a career, a salary, and a credit score. Managing their own budget and seeing the actual cost of things will leave students with a whole new perspective on real-life financial management. The Next Step is a financial literacy exercise where college students are asked to step into their very near future by visiting informative booths to make real world decisions. Students learn about the “next steps” that they will encounter after they graduate from college. Managing their own budget and seeing the actual cost of things will leave students with a whole new perspective on real-life financial management. Various Financial Education classes are offered to community members of all ages at schools, libraries, non-profits, etc. on a regular basis. Over 75 classes are taught each year.