June 2016
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Central Bank Donates Books to Urban Classrooms
Students from Garfield, Wendell-Phillips and Academia de Niños receive new books
by Sarah Cousineau

"A student who can't read on grade level by 3rd grade is four times less likely to graduate by age 19 than a child who does read proficiently by that time. Add poverty to the mix, and a student is 13 times less likely to graduate on time than his or her proficient, wealthier peer.” Annie E. Casey Foundation Study (report summary)

Central Bank of KC is committed to our communities and helping urban kids become better readers so their future is brighter. That’s why we donated over 200 books to eight area classrooms in May as part of the Book Award Program – a partnership between First Books and the American Bankers Association (ABA)Foundation.  The Book Award Program puts the “literacy” in financial literacy and provides new books to students in low-income areas. Bill Dana, President and CEO of Central Bank is the Chairman of the ABA Foundation and was eager to participate as a bank in the program. In fact, last year Central Bank was part of a pilot program in which we donated books to 6 classrooms. It was so successful that we increased the number of classrooms visited so more children had the opportunity to take home a brand new book.


Safe Banking for Seniors
Central Bank teaches workshops at Don Bosco Senior Center
by Sarah Cousineau

Central Bank of KC has joined the national effort to protect seniors from becoming victims of fraud and financial abuse through Safe Banking for Seniors workshops and resources. Central Bank presented three workshops recently at Don Bosco Senior Center teaching about safe banking, preventing ID theft, choosing a responsible financial caregiver and identifying and avoiding scams (using the new curriculum from the ABA Foundation).

Basics of Credit Card Balance Transfers
What you need to know about consolidating debt

You see “zero percent interest” and your eyes light up — what could it hurt to consolidate the balances of your debt onto one credit account with zero percent interest? Seems perfect, right? Not always.

How to Make a Will for the First Time
Seven steps to designate your estate

It’s something you don’t want to think about, but it’s important that you do — what will happen to your assets, and more importantly, your children, should you pass away?

Understanding Your Blood Pressure Reading
How to better understand if you are at risk for or are suffering from high blood pressure

If one of your resolutions for 2016 is to get your health in order and take steps to improve your overall quality of life, there are certain factors that you will want to consider.

Classic Movies to Get You Excited for Summer
Spend summer with the movie stars watching these Hollywood hits

Most kids don’t need any help getting excited for summer, that time of the year when the responsibilities of school give way to carefree days in the sun. But watching these classic movies will make everyone in the family—even parents—anxious for the lazy, hazy days of summer.

What to Do Before You Seek Funding
The importance of preparing prior to seeking funding for your small-business venture

Whether you are an entrepreneur with a new startup idea or a business veteran looking to expand, seeking funds is an important step for all entrepreneurs. To ensure that everything goes as smoothly as possible, here are some important things to make sure you’ve taken care of before you seek funding.

Published by Central Bank of Kansas City
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Disclaimer - All content contained in this newsletter is for informational purposes only and should not be relied upon to make any financial, accounting, tax, legal or other related decisions. Each person must consider his or her objectives, risk tolerances and level of comfort when making financial decisions and should consult a competent professional advisor prior to making any such decisions. Any opinions expressed through the content in this newsletter are the opinions of the particular author only.  This is an advertisement.
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