Uniquely Kentucky Partnership
Melinda Carter, Executive Secretary and Marketing Specialist for Peoples Bank of Madison and Rockcastle County, presented Financial Literacy for College Planning for the rising sophomores, juniors, and seniors for Eastern Kentucky University’s Upward Bound Program. Upward Bound is a federally-funded, educational program dedicated to serving high school students who have limited access to higher education opportunities and who are determined to be the first in his or her family to earn a college degree. This is the second summer that Peoples Bank of Madison and Rockcastle County and EKU Upward Bound collaborated to help teenagers understand finances and establish good financial habits early in life. High school students who are preparing for college need to understand and know how to avoid the many pitfalls of poor financial management. The workshops were very interactive with hands-on activities that explored topics such as understanding bank terminology, basic functions of checking and savings accounts, understanding a credit score, the difference between a subsidized and unsubsidized loan, and what identity theft is and how it can be prevented. Ms. Carter also provided the students with information about careers in banking and financial services.
Published on August 23, 2016