A local Elementary school and Bank partner to teach students abo - KAIT-Jonesboro, AR-News, weather, sports

A local Elementary school and Bank partner to teach students about finances

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JONESBORO, AR (KAIT)- Third grade students are working hand in hand with a local bank to expand their knowledge on finances. Fourteen representatives from Iberia Bank has partnered with the Microsociety Magnet School in Jonesboro.

President of Iberia Bank for Northeast Arkansas, Phillip Jett says they hope to educate and inspire the children to succeed in a global economy.

"Our study today teaches them about our city of Jonesboro, the economic development, the local economy, (and) the businesses that are here. And so, each one of them is developing different zones for our city. Residential zones, business zones, industrial zones and they're having a lot of fun in understanding what it takes to run a city."

Third grade teacher, Chelsea Reeves says she has a very good feeling about the partnership.

"I think it's very beneficial. It's real life world that I think kids need to be exposed to, even at an early age. They'll able to grasp those concepts and then apply them to real life."

Students were also shown how to write checks, taught about bank accounts and spending or saving money.

 

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