PEABODY – North Shore Bank has been recognized by the Federal Deposit Insurance Corporation (FDIC) as a leader in promoting and facilitating youth financial education through a program called “Money Smart for Young Adults.”
Offered in the Corporate and Community Education Division at North Shore Community College, the free program helps high school seniors and college students (ages 17-24) learn financial facts of life: balancing a checkbook, budgeting, saving and building good credit and how to avoid making poor financial decisions, i.e. incurring unmanageable levels of credit card debt.
North Shore Bank, which maintains its headquarters in Peabody, was presented with an award from the FDIC at a recent Money Smart awards breakfast at the community college.
The bank donated their experts’ time to teach the classes over five weeks. As an added bonus, students who completed all five sessions were offered a $25 coupon towards opening a savings account at the bank.
North Shore Bank holds membership in the FDIC and the Share Insurance Fund (SIF).
For more information on “Money Smart for Young Adults,” call the Corporate and Community Education Division of North Shore Community College at (978) 236-1200.
