ABA selects student winners of contest to educate youths on saving

200px-American_Bankers_Association_LogoThe American Bankers Association announced last week the three student winners of its national “Lights, Camera, Save!” video contest aimed at communicating the value of saving to youths.

Grand prizes were awarded to first place winner Oskar Velazquez De Leon of Highland High School in Mesa, Ariz., Zach Gavin of Keene High School in Keene, N.H., and Gregory Foster of Young Men’s College Preparatory Academy in Ft. Worth, Texas.

The contest, which was held in honor of America Saves Week, was launched in 2010 as an offshoot of the ABA’s Teach Children to Save program. More than 120 banks and their branches from 44 states hosted local levels of the competition and chose a winner to represent their bank at the national level.

Velazquez De Leon’s video, “Advice from My Car,” was chosen as the winner of the Bankers’ Choice Award at the National Conference for Community Bankers.

“In only a minute and a half, Oskar’s video walks you through the steps teens can take to start saving,” ABA President and CEO Frank Keating said. “Oskar’s video will inspire other kids and teens to start their savings journey.”

The contest’s parent program, Teach Children to Save, organizes banker volunteers to educate youths about the importance of savings. Since 1997, the program has reached six million youths.

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