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Citizens Bank Employees Will Teach Students the Financial ABCs.


NEVADA CITY, Calif. -- Citizens Bancorp (the "Company") (Pink Sheets:CZNB), the holding company of Citizens Bank of Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern  (the "Bank"), announced that on April 25th, employees from Citizens Bank will lead several classrooms within the Nevada County Nevada County is the name of two counties in the United States:
  • Nevada County, Arkansas
  • Nevada County, California
 School District in an interactive presentation encouraging students to save money. The lesson is part of the ABA Education Foundation's Teach Children to Save Program.

Dr. Terry McAteer, Nevada County Superintendent of Schools, stated, "According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Teen Research Unlimited, teenagers spent an estimated $169 billion in 2004, an average of $91 per week. And, according to the American Bankers Association The American Bankers Association (ABA) is comprised of banks and other financial institutions. It seeks to promote the strength and profitability of the banking industry by Lobbying federal and state governments, building industry consensus on key issues, and providing products and , the American family American Family is a photographic artwork exhibition by RenĂ©e Cox. See also
  • An American Family, a 1973 documentary broadcast on PBS
  • , a 2002-2004 PBS drama starring Edward James Olmos and Constance Marie.
 spends an estimated $1.22 for every $1 it earns. Given these statistics, we are very pleased that Citizens Bank is taking such an active financial literacy involvement in our schools."

"We are experts at money management, so it's a natural fit for us to be involved in financial education efforts," said Judy Hess, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . She added, "We are excited to be a part of this year's ABA Education Foundation's National Teach Children to Save Day and are committed to helping our local schools teach the importance of saving to the children in our community."

Founded in February 1995, Citizens Bank, headquartered in Nevada City, became a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of the Company in 2003. The Bank has five branches in Nevada County, one in Nevada City, two in Grass Valley, one in Penn Valley and its newest branch in Lake of the Pines. Two new branches have been scheduled for opening this summer, one in Truckee and one in Auburn, which will be the Bank's first entry into neighboring Placer County. Today, the Bank offers community banking services in the Nevada County market, including a wide variety of deposit products, commercial, residential and consumer loans, and other traditional banking products and services, designed to meet the needs of small and middle market businesses and individuals.
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 21, 2006
Words:318
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