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First Horizon's 15-Year Journey in Teaching Financial Literacy

First Horizon Corporation has proudly reached a significant milestone by marking 15 years of its partnership with the American Bankers Association Foundation’s Teach Children to Save program. Over the years, this initiative has transformed the financial literacy landscape for children across the United States, equipping them with vital skills for managing their finances. This year alone, the program has successfully reached an impressive record of 8,900 students, fostering an understanding of essential concepts such as saving, budgeting, and responsible spending.

Comprehensive Financial Education Initiatives

Beth Ardoin, Chief Communications Officer of First Horizon, expressed immense pride in the company’s commitment to bridging financial knowledge gaps. “We are incredibly proud of our long-standing 15-year partnership, with 100 percent market participation from our associates, who have actively engaged in teaching financial principles. Through this program, we've turned traditional lessons into engaging experiences, ensuring children build a foundation for long-term financial success,” Ardoin noted.

Each year, associates of First Horizon visit local schools and youth organizations, delivering interactive lessons that go beyond rote learning. These sessions are designed to instill confidence in young people, enabling them to make informed decisions regarding money management from an early age. By introducing these lessons into communities, First Horizon is helping to develop habits that pave the way for robust financial health and independence.

The Importance of Early Financial Education

Research has shown that financial literacy at a young age can significantly influence future financial behaviors. Children who are educated about saving and budgeting are more likely to grow into financially responsible adults. The Teach Children to Save program serves as a vital tool in tackling these challenges, targeting young minds and preparing them for the financial realities they will encounter in adulthood.

Over the past 15 years, the program has evolved, adapting to the changing landscape of financial services and technology. It has become an essential aspect of First Horizon's corporate social responsibility strategy. The organization not only focuses on banking services but also prioritizes community involvement through various outreach initiatives aimed at enhancing financial literacy.

Future Commitments to Financial Literacy

With its roots firmly planted in educating young individuals, First Horizon is unwavering in its commitment to maintain and expand the Teach Children to Save program. The company recognizes that financial education is an ongoing journey rather than a one-time lesson. In addition to direct teaching involvement, First Horizon engages in broader advocacy for financial literacy, partnering with various institutions to promote nationwide reforms in educational curriculums.

As First Horizon continues to support programs that benefit vulnerable populations, it remains dedicated to empowering individuals and families with the resources they need to make knowledgeable financial decisions. By doing so, the company hopes to inspire a new generation of financially literate adults who can navigate the complexities of the modern financial world with confidence and skill.

For anyone interested in learning more about First Horizon and its ongoing commitment to community involvement and financial literacy, additional information can be found on their official website, showcasing not only their banking services but also their passionate efforts to create a financially savvy generation. As the journey progresses, First Horizon looks forward to celebrating many more years of impact through education and empowerment.