Press Release


Bank of the West Promotes Money Management Skills Among K-12 Students In Honor of National Financial Capability Month
San Francisco, CA | Apr 27, 2016

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Volunteer-led activities in schools across the Western United States will help children be smart consumers early in life

Bank of the West today announced its ongoing support of National Financial Capability Month in April, a month designated by a United States Presidential Proclamation with a goal to advance knowledge and resources so that individuals can secure a stable financial future for themselves and their families. Throughout April, more than 400 Bank of the West volunteers across 11 states will reach nearly 5,300 young people in kindergarten through 12th grade classrooms, as well as through community-based nonprofits such as The Boy Scouts of America and Junior Achievement, to teach core financial lessons including how to prioritize spending, recognize the difference between needs and wants, and understand how saving today can unlock opportunities tomorrow.

“It’s important to help young people understand basic financial concepts so they can make smart choices about what they buy and how they save,” said Jenny Flores, senior vice president and head of Bank of the West Community Affairs. “It’s never too early to learn how to be a smart consumer. Life lessons such as creating a budget and the importance of personal savings are healthy financial habits that can contribute to long-term economic success and well-being.”

The bank’s recognition of National Financial Capability Month is part of its broader commitment to support education and resources in the communities it serves. Bank of the West recently participated in the University of California, Berkeley student-led Financial Literacy and Economic Justice (Flejcon) conference, as part of the bank’s new role as the university’s official bank. During the conference—the first of its kind in the nation— Jenny Flores addressed the potential impact of students’ decisions on their future financial standing, and Chief Security Officer, Executive Vice President Joe Ford shared identify theft and fraud prevention tips for students. The bank also participates in the American Bankers Association’s Teach Children to Save and Get Smart About Credit initiatives that organize banker volunteers in classrooms across the country. By year-end 2016, the bank estimates it will have reached over 12,000 students through financial education curricula, interactive programs and volunteer-led workshops.

For more about Bank of the West’s commitment to community, visit bankofthewest.com/about-us/community-support.

About Bank of the West
Bank of the West is a regional financial services company chartered in California and headquartered in San Francisco with $75.7 billion in assets as of December 31, 2015. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 offices in 22 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 75 countries with 185,000 employees. Follow us on Twitter: @BankoftheWest

 

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Media Contacts: 
Michele Rene Scott
Corporate Communications
415-399-7202
michele.scott@bankofthewest.com

Lily Ruiz
Community Affairs Communications
415-846-7494
lily.ruiz@bankofthewest.com

Corporate Headquarters


180 Montgomery Street
San Francisco, CA 94104

 


Media Relations


For media inquiries, please call 415-432-3696 or email media.relations@bankofthewest.com


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Legal information and Disclosures

**Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, Member FINRA/SIPC, and SEC Registered Investment Advisor. Financial Advisors are Registered Representatives of BancWest Investment Services. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California, (License #0C52321), through BancWest Insurance Agency in Utah and through BancWest Investment Services, Inc. in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY, HI, GUAM and CNMI. Advisory Services are offered through BancWest Investment Services, an SEC-registered investment advisor. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors. BancWest Investment Services is a wholly owned subsidiary of Bank of the West and a part of the Wealth Management Group. BancWest Corporation is the holding company for Bank of the West. BancWest Corporation is a wholly owned subsidiary of BNP Paribas.

**Assets under management refers to assets under administration, management, advisement, and on deposit, including assets with our affiliate BancWest Investment Services ("BancWest") as of December 31, 2015.

**Assets under management refers to assets under administration, management, advisement, and on deposit, including assets with our affiliate BancWest Investment Services ("BancWest") as of December 31, 2015.

Investment and Insurance Products:

  • NOT FDIC INSURED
  • NOT BANK GUARANTEED
  • MAY LOSE VALUE
  • NOT A DEPOSIT
  • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY