Celebrating Teaching Children to Save 2010 - 05/07/10

FOR IMMEDIATE RELEASE
8:00a.m. PT May 7, 2010
Mitch Massey, SVP
805.369.5281
mmassey@heritageoaksbank.com

(Paso Robles,CA) - It’s never too early, or too late, to teach kids the valuable skills they need to budget, save, and manage money. A group of Heritage Oaks Bank employees recently participated in the National Teach Children to Save Day, by connecting with children in classrooms and after-school programs to share lessons on the importance of saving.

“Heritage Oaks Bank has a history of community service, and programs like this that promote financial literacy, which are a perfect fit for both the skills of our employees and the financial education needs of the communities we serve,” says Sarah Scott, Vice President and Compliance Manager, Heritage Oaks Bank. “It is our hope that the lessons taught during Teach the Children to Save Day will help inspire life-long savings habits for the children, which in turn will help ensure their financial success,” adds Scott.

“One of the roles for a community bank is to be a good corporate citizen and reinvest back into our communities both economically and educationally,” says Mitch Massey, Senior Vice President Marketing, Heritage Oaks Bank. “Our bank always wants to be looked at as the educational leader in the communities we represent,” adds Massey.

For 14 years the Teach Children to Save national campaign has partnered banks with students to raise awareness about the important role of teaching our nation’s youth about budgeting, saving, recognizing needs and wants and how interest makes money grow. Without financial education, young people may learn about money from the school of hard knocks.

In addition, Heritage Oaks Bank is in the initial stages of planning our participation in National Get Smart About Credit Day on October 21, 2010, with an intended audience of 11th and 12th grade or college-age students.

Local schools and teachers who are interested in having a bank representative speak at a class and partnership with Heritage Oaks Bank on this initiative can contact Sarah Scott by email at sscott@heritageoaksbank.com or by phone at (805) 369-5253.

###