Cable magnate Bill Daniels created the Young Americans Bank in 1987 after a group of elementary students in Denver, Colorado were denied a loan from other banks for a school project Young Americans Bank is housed under Young Americans Center for Financial Education, a 501(c)3 non-profit that organizes programs such as Young AmeriTowne, International Towne, Get aHead for Business, summer camps, and Young Americans Bank, a for-profit, Federal Deposit Insurance Corporation-insured financial institution. The Bank has the distinction of being the world's sole financial institution designed specifically for people under the age of 22. As a full service bank, YAB offers, among other financial products, savings accounts, checking accounts, certificates of deposit (CDs), and credit card accounts. Emphasizing financial education for children, the Center's Youth Advisory Board regularly meets to discuss its operations, including the Bank and programs.
Famous quotes containing the words young, americans and/or bank:
“Art is eternally young, but the poet ages. If only he remained as young as art! If only it aged with him!”
—Franz Grillparzer (17911872)
“Our national experience in Americanizing millions of Europeans whose chief wish was to become Americans has been a heady wine which has made us believe, as perhaps no nation before us has ever believed, that, given the slimmest chance, all peoples will pattern themselves upon our model.”
—Ruth Benedict (18871948)
“That strain again, it had a dying fall;
O, it came oer my ear like the sweet sound
That breathes upon a bank of violets,
Stealing and giving odor. Enough, no more,
Tis not so sweet now as it was before.”
—William Shakespeare (15641616)