Cradlerock Elementary School–Wells Fargo Partnership to Teach Financial Planning

November 18th, 2013

In a new partnership, Cradlerock Elementary School and Wells Fargo will work together to teach students the importance of personal financial planning and the benefits of saving. The partnership will be formalized with an official signing Tuesday, Nov. 19 at 8:30 a.m. at the Sheraton Columbia Waterside Restaurant, 10207 Wincopin Circle, Columbia.

Under the terms of the partnership agreement, Wells Fargo will create an in-school bank for Cradlerock Elementary students and staff. Selected fifth grade students will be trained as tellers and will tour the bank to learn how a local financial institution operates. Wells Fargo bank representatives also will work with school staff to develop opportunities to teach financial math skills and will provide information about career options in the banking industry.

Howard County Board of Education member Ellen Flynn Giles will join Cradlerock Elementary School Principal Jason McCoy, student tellers, and Wells Fargo Store Manager and Assistant Vice President Joseph Ford to sign the formal partnership agreement at the November 19 event.

Wells Fargo & Company (www.wellsfargo.com) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Wells Fargoprovides banking, insurance, investments, mortgage, and consumer and commercial finance, and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy.

The Howard County Public School System’s Partnerships Office (www.hcpss.org/aboutus/partnership) unites businesses and community organizations with schools to enhance the educational experience. Partnerships benefit schools, businesses, and the entire community by leveraging the resources of all participants. Partners may commit human or financial resources or other support.