Workshop Teaches Students About Value of Money
Students learned about money when Cathay Bank and Golden 1 Credit Union representatives recently gave workshops to young residents at two Sacramento|Yolo Mutual Housing Association communities. Called “How Money Works”, Cathay Bank’s workshops focused on understanding the value of money, where it comes from, learning to use it and save it. The classes for children five to 11 years lasted four weeks.
“We wanted to make sure the kids have a role model to look up to when they think about money,” said Danny Vuong, Cathay Bank Sacramento Assistant Vice-President and Branch Manager. “Of course they have a lot of fun, but we are trying to give kids more tools so when they actually handle finances, they can make better decisions.
Vuong said that Cathay bank always has done community reinvestment and services. “This is something we are committed to doing in areas where we do business. And we are always thinking of the next generation,” said Vuong.
Vicky Nguyen, Cathay Bank Sacramento customer service representative, gave the classes.
As a result of the partnership, Cathay Bank Sacramento is making special checking accounts available to the residents of Lemon Hill Townhomes where the workshops were held.
Source: Sacramento Press