More than 5,000 students in 48 schools and locations throughout Hawaii, American Samoa, Guam, Saipan and Palau received lessons Wednesday on the importance of saving from Bank of Hawaii as part of the 2017 American Bankers Association Teach Children to Save Day program.

Over 200 Bankoh employees spent time with elementary and middle school students exploring topics on saving, how interest makes money grow, determining differences between needs and wants, and budgeting.

As part of the Teach Children to Save curriculum, Bankoh volunteers also encourage parents to take an active role in their children’s financial education, including:

>> Setting the example of a responsible saver and spender.

>> Talking openly about money and encouraging children to ask questions.

>> Explaining the value of saving and budgeting.

American Bankers Association celebrated the 20th anniversary of the Teach Children to Save Day program on Friday. The national campaign is led by volunteer bankers who help young people develop lifelong savings habits.