PASADENA, Calif., April 20, 2020 /PRNewswire/ -- OneWest Bank, CIT's Southern California retail bank division, today announced its support of Teach Children to Save Day today by introducing a new financial education tip sheet to help parents and families instill the importance of saving from an early age.
"With many schools closed, OneWest Bank is committed to empowering Southern Californians to navigate this unique time," said Heather Ellison, head of Retail Branch Banking. "As part of our effort to support consumers and their families we've created a series of fun, engaging activities that help parents teach healthy savings habits to their children while they are learning remotely."
Activities include making play money for use in learning to count and teaching strategies on how to budget to reach a financial goal. Also included is OneWest Bank's Personal Finance Empowered, a free online financial education tool offering a number of learning modules suitable for all ages. Learning sessions cover more than 30 different topic areas and are available in both English and Spanish.
"Our goal is to build financial confidence by offering a range of easy-to-grasp, interactive activities," continued Ellison.
OneWest is introducing these efforts in tandem with its Kids' Savings Bonus Offer which includes a $25 bonus on new Personal Savings Accounts opened for the benefit of the child.1 Opening the account is another solid step parents can take to help educate their children about the importance of saving.
About OneWest Bank
OneWest Bank is committed to helping Southern California consumers and small businesses meet their financial goals by offering a variety of personal and small business banking and lending solutions. We are passionate about serving the Southern California community and are proud to invest in the neighborhoods where we live and work. OneWest Bank is a division of CIT Bank, N.A. (Member FDIC, Equal Housing Lender), a subsidiary of CIT Group Inc. (NYSE: CIT). For more information, visit OneWestBank.com and follow us on Facebook.
1 Conditions apply. Full disclosures can be found at www.onewestbank.com/smartsaving.
SOURCE OneWest Bank