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GRAND OPENING OF INSCHOOL BANK AT GIDEONS ELEMENTARY SCHOOL

 ATLANTA, March 2 /PRNewswire/ -- A grand opening ceremony for the Gideons Savings Branch of Bank South will be held at 10 a.m. on Wednesday, March 3, at Gideons Elementary School in southwest Atlanta.
 Designed to be a learning resource, the bank will be operated by fourth and fifth grade students who interviewed for their positions as tellers, bookkeepers, security officers and branch managers. Their customers will be other fourth and fifth grade students.
 The Savings Bank was built around the "Econ and Me" economics program, which Bank South has sponsored as part of the school curriculum for several years.
 Each student may open a savings account which earns 5 percent interest. Students can make deposits to their accounts during banking hours, 9-10 a.m., every other Wednesday. At the end of the school year, the bank will close and students will withdraw their money and then have the opportunity to continue saving by opening a savings account at Bank South.
 Bank South now has two InSchool branches. The East Cobb Middle School bank is run by Bank South employees and helps teach mathematics to learning-impaired students. The new Gideons Elementary School bank is operated by the students, giving them hands-on experience in mathematics, communications and leadership skills necessary to run a bank. The bank also shows students how money can grow in a savings account.
 In attendance at the grand opening on March 3 will be representatives from Bank South, the Pittsburgh Partnership, the Atlanta School Board, the Atlanta Chamber of Commerce, an the grand opening ceremony. If you have questions, please call Bo Spalding at 404-529-4238./
 /CONTACT: Bo Spalding of Bank South, 404-529-4238/
 (BKSO)


CO: Bank South Corporation; Gideons Elementary School ST: Georgia IN: FIN SU:

RA-BN -- AT007 -- 1873 03/02/93 10:35 EST
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Publication:PR Newswire
Date:Mar 2, 1993
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