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New research showed classroom financial education and school branches improved knowledge as well as attitudes about banking and saving among fourth- and fifth-graders and increased account ownership.

Conducted by the U.S. Treasury and the Corporation for Enterprise Development during the 2011-2012 school year, the study involved six elementary school branches in Eau Claire, Wis., operated by the $1.4 billion Royal Credit Union and three elementary school branches in Amarillo, Texas run by the Amarillo Happy Bank.

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Peter Strozniak

 

Credit Union Times

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