The Young American Bank of Denver, Colorado was founded to address the problem of financial illiteracy.  These bankers believe that it is never too early to start teaching children about money.  They provide savings accounts, certificated of deposit, checking accounts, ATM cards, debit cards, internet banking, credit cards and business loans.

These are all delivered with a rich program to explain what each financial instrument it, and to help children prepare to launch in the world.  Summer classes, camps and personal finance programs gets kids on their way to financial literacy.  Their Saturday “money matters” classes are free.

Young Americans Bank is a for-profit entity, but their financial programs are non-profits.  Is this an idea that has traction?

Young People Banking