Bank of Hawaii Volunteers Teach Teens How to ‘Get Smart About Credit’ and Understand the Importance of Their Credit Score
Thursday, October 19, 2017
HONOLULU, HAWAII –
Bank of Hawaii volunteers reached out to more than 2,000 teens at 24 intermediate schools, high schools and select locations across Hawaii in support of national Get Smart About Credit Day.
This annual event, now in its 15th year, is sponsored by the American Bankers Association Education Foundation. To help students prepare for life after high school, Bank of Hawaii focused on the ABA’s 2017 “Knowing Your Score” lesson plan, which offers role play for students and examples of real-life scenarios which illustrate the significance of having a good credit score. The “Get Smart About Credit” program includes an explanation of a credit report, as well as financial tips on buying a car and renting an apartment.
In addition to emphasizing the importance of maintaining credit worthiness, the program also motivates students to budget and manage their money, protect their identities and pay for college.
Besides impacting students in the state of Hawaii, Bank of Hawaii volunteers will also reach out to young adults in select locations throughout Guam, Saipan, Palau and American Samoa.