IBC Bank-Eagle Pass Celebrates Eight Years of Teaching Children to Save
Eagle Pass, Texas – This spring, employees from IBC Bank-Eagle Pass are using their professional expertise to teach financial literacy in their communities through the company’s “Money Buzz” program. This corporate-wide initiative began in 2007 to provide personal finance education to youth. IBC Bank-Eagle Pass partners with schools and community organizations throughout its footprint to host free Money Buzz classes as part of their effort to promote Financial Literacy Month and the American Bankers Association’s “Teach Children to Save Day.”
Market-wide, the bank will have the opportunity to inspire 386 students during nine presentations at San Luis Elementary, Ray H. Darr Elementary, Robert E Lee Elementary and Batesville Elementary. Corporate-wide, the banks will give 491 presentations at 57 schools and organizations from March through May in Texas and Oklahoma, in which they will reach more than 8,300 students.
“The Money Buzz initiative demonstrates IBC’s ‘We Do More’ philosophy, as our employees invest time and resources to teach children within our community basic financial concepts,” said IBC Bank President and CEO Hector J. Cerna. “The financial literacy children gain today builds a foundation for them to become prosperous adults who can make a meaningful impact on society. The success of the program is made possible with the collaboration of area schools and organizations that believe in Money Buzz.”
Money Buzz was developed by IBC under the direction of certified teachers and provides students fundamental lessons in financial literacy. IBC teaches the courses to elementary, middle and high school students, as well as local community groups. The lessons cover a range of financial concepts, and vary by age group, but include topics such as maintaining a check register, reconciling a bank statement, and calculating compounded interest earned. Materials for students are available at no cost on ibc.com.
IBC Bank–Eagle Pass is a division of International Bancshares Corporation (NASDAQ: IBOC), an $12.2 billion multi-bank financial holding company headquartered in Laredo, Texas, with over 211 facilities and more than 324 ATMs serving 90 communities in Texas and Oklahoma. IBC Bank-Eagle Pass has been serving the area since 2002 and has a retail branch network of 11 locations. In 2012, the bank was named International Business of the Year at the 18th Annual Eagle Pass Business Journal Awards in recognition of its involvement in organizations that focus on cross-border trade and community relations. Visit us on our YouTube Channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. More information is available at www.ibc.com.
