Piscataqua Savings Bank Hosts Kids’ Bank Challenge

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Piscataqua Savings Bank Hosts Kids’ Bank Challenge

July 16, 2015 – Portsmouth, NH – Piscataqua Savings Bank of Portsmouth held an Ice Cream Truck event on Saturday, July 11th concluding its successful Kids’ Bank Challenge called the “Yoyo Giveaway Challenge.” The initiative encouraged young savers to earn deposits through chores, helpful jobs around the house or gifts from special events.

The five-week challenge was launched on June 6th during a book signing event for the children’s book, The Yoyo and the Piggy Bank. Savers that earned and deposited $5 or more into their account between June 6th and July 11th would each receive a yoyo, a teddy bear and ice cream from the Bank. Those who entered the challenge were entered into a raffle for an additional prize as well and the Bank also donated $5 to a charity of their choosing. The non-profits selected by challenge participants included the NHSPCA, Cocheco Valley Humane Society, Paws with a Cause, the Salvation Army, the Krempels Center and CHaD.

Among the children to participate were James and Luke Peavey. The boys were pleased to receive their yoyos, teddy bear and an ice cream treat from the Ice Cream Truck for their hard-earned savings.

“James and Luke love going to the Kids’ Bank on Saturday mornings and saving their money,” said their mother, Pam Peavey. “They chose the NHSPCA and the Salvation Army to donate to as part of the challenge. It’s great to be able to contribute to the community, while also watching my kids have a blast learning about savings.”

Piscataqua Savings Bank is among the highest capitalized banks in the state. The only mutual bank based in Portsmouth today, Piscataqua Savings Bank has been a cornerstone of the Portsmouth community since 1877. Information is available at www.piscataqua.com.

Rick Wallis, President/CEO
Piscataqua Savings Bank