Bank On Memphis will be partnering with RISE Foundation, Inc. at Exposure Day. Come check us out for more information about how to get involved with Bank on Memphis!
East High School senior Nigel Byrd shares his experience in an On My Own workshop with his fellow teammates this summer.
This Thursday East High Schools Football team went through an On My Own simulation and learned about how much it cost to live month to month. Trustee Lenoir spoke to the students and told them "It's not about how much you make, but how much you keep." Also, thank you to our awesome SunTrust Volunteers!
Tri-State Bank is hosting a Community Bank-A-Thon (New Account) event this weekend at all 3 of their branch locations. Tri-State Bank is assisting customers opening an new checking or savings account. If you don't have time to sign-up for a new bank account this weekend, the Bank-a-Thon will also be going on August 13th and 20th. Their locations are: Whitehaven, Lamar & Airways, and Main. Stop by Tri-State Bank tomorrow to open your new bank account!
Click the Button below to learn about Tri-State Banks Community Bank-a-Thon
Thanks to our Bank on Memphis Partners at First South Financial Credit Union at the Tiger Banking Center and the University of Memphis CAAS/Life Skills for hosting the On My Own Financial Education workshop! We enjoyed working with student-athletes from the Women's Volleyball team on financial literacy skills. Students were asked to imagine they were 26 years old with a simulated occupation and family scenario and worked through a months worth of expenses at 11 expense stations. Students learned the value of creating spending plans, tracking their spending and saving money in an emergency fund to be ready for those pesky "curve balls".
A group of 16 eighth- through 12-graders ended three weeks of Young Wallstreet Traders summer boot camp Friday, prepared to take what they've learned beyond the basics of money management and into the world of trading on the stock market.
Click the Button below to view the article published in The Commercial Appeal.
The Young Wall Street Traders premier program is a three-week summer boot camp, which will immerse 9th-12th grade students into the World of Wall Street and avail them to industry secrets usually reserved for the privileged.
The camp will teach students stock charting, research, trading strategies, futures/options trading, algorithm, and coding. Students will also have access to industry experts, celebrity financial coaches and successful traders.
Camp began July 11th and runs through July 29th at the University of Memphis Fogelman College of Business.
Thank you to all of our Banking Partners. Because of their support, Bank on Memphis was able to sponsor 10 student scholarships!
Bank on Memphis facilitated an On My Own simulation recently with 60 students at The LeMoyne Owen College with MPLOY Youth Summer Experience. The students experienced a month in the life of a 26 year old, and had to decide what type of car, house, and food plan they could afford based on their family and job scenario.
Bank On Memphis' community partner United Way of Mid South will host another season of Volunteer Income Tax Assistance sites.
Avoid tax scams and high fees by getting your taxes filed for free and get all of your refund. It’s one big way United Way is helping people achieve stronger financial stability.
United Way Free Tax Prep sites accept walk-in customers but we recommend filers call 2-1-1 or 901.415.2790 Monday through Friday during normal business hours to set up an appointment and learn about the proper paperwork to bring.
For specific site locations, please click here:2016 Free Tax Prep SITES plus Mobile Schedule