First Horizon Empowers Youth Through Financial Literacy in Teach Children to Save Program
- First Horizon educated 8,900 students on financial literacy through the Teach Children to Save program, emphasizing essential financial skills.
- The company mobilized 440 associates to engage with youth, promoting responsible spending and budgeting in various schools and organizations.
- First Horizon's commitment to financial literacy reflects its broader strategy of community investment and responsible corporate citizenship.
First Horizon's Commitment to Financial Literacy: Empowering the Next Generation
First Horizon Corporation, a leading regional financial services provider based in Memphis, Tennessee, recently underscores its dedication to community engagement through its successful participation in the American Bankers Association Foundation's Teach Children to Save program. This year, First Horizon achieves a remarkable milestone by educating a record 8,900 students on essential financial concepts, further solidifying its commitment to fostering financial literacy among youth. This initiative, which enjoys a robust 15-year partnership with the Foundation, mobilizes 440 associates who actively engage with children across various schools and youth organizations, providing them with vital knowledge about saving, budgeting, and responsible spending.
The Teach Children to Save program addresses critical gaps in traditional educational curricula, equipping students with the skills they need to manage their finances effectively. Beth Ardoin, First Horizon's Chief Communications Officer, emphasizes the significance of these lessons in building financial confidence and informed decision-making among young individuals. By focusing on practical financial skills, First Horizon not only enhances the educational experience for students but also contributes to the long-term financial health of communities by empowering individuals and families to make informed choices about their finances.
As a financial institution with total assets amounting to $81.5 billion and operations spanning 12 states, First Horizon recognizes that its role extends beyond banking services. The company is committed to serving as a responsible corporate citizen by investing in the future of its communities. Its ongoing initiatives, like the Teach Children to Save program, reflect a broader strategy that prioritizes financial education and community involvement. Furthermore, First Horizon's accolades, including recognition as one of the nation's best employers and a Top 10 Most Reputable U.S. Bank by Fortune and Forbes, reinforce its reputation as a leader in the financial sector that values its social responsibilities.
In addition to its educational initiatives, First Horizon's comprehensive suite of services, including commercial, private banking, and wealth management, positions the company as a trusted partner in the financial journeys of its clients. By promoting financial literacy, First Horizon not only enhances its corporate reputation but also cultivates a culture of responsible financial stewardship among the next generation.
The company's engagement in financial literacy is not just a business strategy; it is an investment in the community's future. By preparing young individuals to navigate their financial paths with confidence, First Horizon contributes to a more informed and financially stable society. Through programs like Teach Children to Save, First Horizon continues to play a pivotal role in shaping a better tomorrow for its communities.