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Meet Buck

Hi Kids,

My name is Buck. My job at Country Bank is to help kids learn more about saving money and the importance of good money management. On this page you will find questions that I hear from kids all the time.

If you have a question about banking that is not listed here, please feel free to click the link below to contact me.

I will get back to you shortly with an answer.

Where does money come from?

Each country, including the United States, makes its own money. The factory where our money is manufactured is called the mint. It's headquartered in Washington, D.C. There are also locations in Philadelphia, Denver, San Francisco and West Point, New York. You and your family are able to visit the mint any weekday for free. If you do, you'll see how coins are cast and paper money is printed. You will also see how old bills are destroyed.

What is money made from?

Did you know that U.S. paper money has no wood fiber in it at all? The paper used in U.S. currency is made of 75 percent cotton and 25 percent linen. It also has tiny blue and red silk threads embedded in it. The paper is made by Crane and Company, Inc. and has been made by them since 1879. The formula is a secret, but one thing they will tell you is that it is made out of denim scraps. The same material that goes into your jeans!

Where do you keep all the money?

The money is kept in a secured vault, which is locked at all times.

Could I see the vault?

Yes, we gladly offer free tours of our offices to any school groups who are interested in learning more about our bank.

How does money grow?

When you deposit your money into most banks, you will get something called Interest. Interest is like a reward for saving your money!

Why should I save my money?

There are many reasons why you should save your money.

College - with the rising costs of higher education, saving your money now would help in the future.

An Automobile - new or used, all students dream of the freedom of owning their own car.

Fun Money - from clothes to music to video games, you may have your eye on that special something.

Summer Vacations - in school or with friends, you may have the opportunity to travel.

A Rainy Day - you may just like to save and see your money grow! Saving is a rewarding and valuable lesson to learn!

TIPS FROM BUCK

Collect your coins in a piggy bank or jar, and when it gets full, put the coins you saved in paper wrappers and deposit them into your savings account. You can get them right at the bank.

You will be surprised to see how fast those coins add up!

When you receive money from family or friends as a gift or for doing chores, put it right into your savings account where it will get added to your other money you have saved. You will be able to buy yourself something you have always wanted!

Doing chores around the house can also be a great way to put money into your savings account. It is a rewarding way to make sure your hard work helps you reach you savings goal!

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