SARANAC LAKE, NY (October 19, 2016) – Saranac Lake High School juniors and seniors learned new skills as part of their academic curriculum this month. NBT Bank’s Saranac Lake Branch Manager Julie Connors visited the school on October 12 and 17 to teach an introduction to checking, savings and credit, with real-life scenarios focused on what students should expect as they prepare for more financial responsibility, college and careers.
Some of these students may have already had their first personal experience with credit as part of the car-buying process. And all of these students will be faced with many more scenarios involving credit and money management after graduation, when they enter college or the workforce.
In these lessons from NBT Bank, students learn that managing financial obligations well can not only help them earn a good credit score, but can actually save them money over time.
“High school students need to understand how to make informed and thoughtful decisions when it comes to their money and credit, especially as they prepare to take on the cost of college and step into financial independence,” said Connors. “We are trying to help students develop strong financial habits early so they better understand the impact of their financial decisions as they prepare for college and adulthood.”
NBT Bank actively provides resources to help parents, educators and employers support kids, teens and young adults in becoming financially savvy. The bank’s financial education program Strive® provides in-classroom and online financial education to help today’s youth and young adults grow their money skills. It is a source for learning and inspiration to help them establish a positive relationship with money and navigate personal finance as their financial needs mature. NBT has conducted more than 800 classroom presentations in school districts and community groups since launching Strive in 2012. To learn more, visit www.nbtbank.com/strive.
NBT Bank offers personal banking, asset management and business services through a network of 154 banking locations in six states including, New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine. NBT Bank and its parent company, NBT Bancorp, are headquartered in Norwich, NY. More information about NBT Bank and NBT Bancorp can be found online at www.nbtbank.com and www.nbtbancorp.com. Member FDIC.