State Bank of Long Island Teaches Financial Education to MPowering Kids

Event Is Part of MPowering Kids' “Financial Futures” Program To Promote Financial Literacy

 

Jericho, NY, January 23, 2006 — On Friday, January 20, 2006, employees from State Bank of Long Island taught a financial education class to fourth and fifth graders involved in MPowering Kids academic after-school program, located at Drexel Elementary School in Westbury. This is part of State Bank’s ongoing effort to promote financial education to youngsters in order to prepare them for a healthy financial future.

“While today’s children utilize advanced technology at home and school for mathematics and other subjects, many don’t know the basics of savings and money management,” said Deborah Kendric, Director of Corporate Communications. “Studies show that people who learn to save early in life usually make smarter financial decisions later. We conduct this program to start children off on the right path to saving for their future. Additionally, we are proud to support the Westbury community and the fine work conducted by MPowering Kids. It is a model program and the kids are terrific to work with!”

 

Part of the MPowering Kids "Financial Futures" Program

Employees at State Bank of Long Island taught twenty-four elementary school students about money and savings through the use of games and other hands-on activities. State Bankers will be conducting another class in January of 2006 for middle school students participating in the MPowering Kids Program. The State Bank guest speakers were welcomed by MPowering Kids as part of their “Financial Futures” program which promotes financial literacy as a pathway out of poverty for the promising students in their after-school program.

About MPowering Kids
MPowering Kids is a non-profit charitable organization that provides after-school tutoring, mentoring, cultural enrichment, and community service programs for motivated students in under-served communities. The MPowering Kids staff and volunteers work closely with students from their fourth grade year through their high school graduation, offering nine years of programs and opportunities to acquire the skills, habits and attitudes necessary to succeed in college and in life.

 

The MPowering Kids program is made possible through the generous support of individual and corporate sponsors. For additional information about MPowering Kids, please visit the About Us section or go to the Donations page to help support MPowering Kids.

 

About State Bank
State Bank of Long Island is the largest independent commercial bank headquartered in Nassau County. In addition to its 16 branch locations throughout Nassau, Suffolk and Queens Counties, the Bank owns Jericho, N.Y.-based Studebaker-Worthington Leasing Corp. and also maintains a lending facility in Jericho. Ranking among the highest performing banks in New York State, State Bancorp has a consistent track record of measured, orderly growth, and has built a reputation for providing high-quality personal service to meet the needs of commercial, small business, municipal and consumer markets throughout Long Island and Queens. The Company maintains a World Wide Web site at www.statebankofli.com with corporate, investor and branch banking information.

 

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