 BankNewport Customer Service Representative, Barbara J. Palumbo and Vice President/Branch Manager, Donna M. Giblin (back row left to right) recently hosted a field trip for Girl Scout Troop #740, Portsmouth, RI, at the bank's Washington Square Branch in Newport as part of the "Teach Children to Save" program; in the photo, the group gathers in front of a bank safe located inside the historic Washington Square building. |
BankNewport employees partner with local Girl Scout Troop to teach scouts financial literacy.
NEWPORT, R.I. (May 12, 2008) – As part of the American Bankers Association “Teach Children to Save” program, BankNewport Vice President and Washington Square Branch Manager, Donna M. Giblin and Customer Service Representative, Barbara J. Palumbo hosted a field trip for twelve Girl Scouts and five adult leaders from Troop #740 in Portsmouth.
The field trip was a requirement for the scouts to earn the “Money Sense” merit badge and encompassed a variety of financial information, including banking transactions, types of career opportunities and training, as well as a history of the banking industry, including BankNewport’s local history, being founded in 1819.
The American Bankers Association “Teach Children to Save” program is designed for students to develop skills that can help them make smart financial choices. Studies show that individuals who learn to save early in life usually make smarter financial decisions later. BankNewport employees participate in the “Teach Children to Save” program annually, addressing grades K through 12 in schools and bank field trips throughout Newport County, Bristol County and the West Bay communities of Rhode Island.
BankNewport, founded in 1819 and currently holding $1 billion in assets, is an FDIC-insured savings bank and is a subsidiary of the Mutual Holding Company, OceanPoint Financial Partners, MHC. Along with its other OceanPoint Financial Partners - OceanPoint Insurance Agency, Inc., Smith Mack & Associates, Meredith & Clarke, and Narragansett Underwriting Group – BankNewport is proud to serve the financial needs of customers from banking and insurance offices located throughout southeastern New England.
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