Walden, NY, September 20, 2010 -- Walden Federal has partnered with the American Bankers’ Association Education Foundation to offer a new program, Teach Children to Save. The program, offered through local schools and community programs offers children:
- Information about the value of saving money
- Steps to begin saving
- How to prepare a beginners’ budget
- Ideas about how families can work together to save
For 14 years the Teach Children to Save program has partnered with local banks to provide students with lessons on the importance of saving. The program's goal is to reach 5 million students before the end of 2011, the 15th anniversary of Teach Children to Save.
The ABA Education Foundation provides financial education resources and sponsors programs like Teach Children to Save and Get Smart About Credit that help bankers make their communities better.
Walden Federal, serving the local Orange County community for over 90 years, will work with local schools and organizations to implement the Teach Children to Save program.
At the same time, the bank now offers a new Children’s CD along with their Looney Tunes Children’s Savings account. These accounts make it fun and easy for children to save money and watch their money grow.
Walden Federal maintains six full-service branches including Walden, Montgomery, Otisville, Newburgh, inside the Wal-Mart Super Center in Monroe and inside the ShopRite in Monroe. Walden Federal’s Mortgage and Loan Center is located at 74 West Main St, Walden and its Commercial Loan Division is located at 211 S. Plank Rd, Newburgh, next door to Walden Federal’s Newburgh branch.
The bank is part of the Allpoint ATM network, giving its customers access to their money at 37,000 surcharge-free ATMs located nationwide and in Europe.
Walden Federal continues to prosper and grow as it celebrates its 91st year of service to the community. For more information, visit www.WaldenFederal.com or call 845-778-2171.