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NSB Promotes Youth Financial Education

North Shore Bank was Recognized by FDIC for Promoting Youth Financial Education

 

North Shore Bank has been recognized by the Federal Deposit Insurance Company (FDIC) as a leader in promoting and facilitating youth financial education through Money Smart for Young Adults.

Offered by North Shore Community College’s Corporate and Community Education Division, the free Money Smart for Young Adults program helps high school seniors and college students (ages 17-24) learn financial facts of life like balancing a checkbook, budgeting, saving, building good credit and how to avoid making “wrong” decisions, like incurring unmanageable levels of credit card debt.

FDIC representative, Paul Horwitz, presented North Shore Bank with their Money Smart for Young Adults Partnership Awards at a recent Money Smart awards breakfast at North Shore Community College.

North Shore Bank donated their experts’ time to teach the Money Smart for Young Adults classes. The free classes were held once a week for five weeks. And, as an added incentive, the bank offered students who completed all five sessions a $25 coupon towards opening a savings account.

North Shore Bank, established in 1888, is a full-service community bank based in Peabody. The Bank has eight branches located in five North Shore communities including Beverly, Danvers, Middleton, Peabody, and Salem.

North Shore Bank is a member of the FDIC and a member of the SIF.

For more information on the Money Smart for Young Adults program, call North Shore Community College’s Corporate and Community Education Division at 978-236-1200.

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