Academic journal article ABA Banking Journal

Bankers Help Students Get Smart about Credit

Academic journal article ABA Banking Journal

Bankers Help Students Get Smart about Credit

Article excerpt

On Thursday, Oct. 18, bankers from across the country will help teens and young adults in their communities prepare for adult financial responsibilities by participating in the ABA Education Foundation's fifth annual Get Smart About Credit Day.

Julie Cripe, chairman of the ABA Education Foundation and president and CEO of Omnibank in Houston, encourages bankers to participate because they are uniquely qualified to speak on the importance of using credit wisely. "A positive payment history can help our customers achieve their dreams, while a poor credit report can close doors," she said. "Teens want to Learn about money, but they don't always know how or where to Look for information. Bankers can help by bringing the Lessons right to the classroom on Get Smart About Credit Day."

Last year, more than 500 community, regional, and national banks took the message of using credit wisely to nearly 65,000 young people in places as varied as Pittsburgh, Tupelo, Miss., and Sioux Falls, S.D.

"Bankers are committed to teaching credit education, but sometimes it's hard to put a Lesson together, especially one that will engage teenagers," said Laura Fisher, director of the ABA Education Foundation. …

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