Las Vegas schools launching 'Piggy Bank' programs

Posted at 8:17 AM, Jan 31, 2018
and last updated 2018-01-31 11:17:12-05

Some little kids are saving big bucks, and it's all thanks to a program that is expanding to more Clark County School District classrooms.

Estefany Alvarado is in the first grade and she's saved her chore money over the past few months with the Piggy Bank program, put on by the local nonprofit Andson.

"You save up for things like college, a house, cars, and all those stuff," said Estefany.

The Piggy Bank program is in three CCSD schools now. Over the next two weeks, it will be launched at C.H. Decker and Laura Dearing elementary schools.

Every week kids get the chance to deposit their money.

This is just like a real bank. You've got tellers who count and process the money. Every time a kid makes a deposit, they've got to fill out a deposit slip, and the students can keep track of their accounts in a booklet.

"We know that we're making a difference in these children's lives and they're going to make a difference in the world. I was one of these kids," said Sonia Anderson, the program's founder.

The kids will get a check for what they've saved when they graduate fifth grade. They're encouraged to open a real savings account when the start middle school.