| has gloss | eng: Cable magnate Bill Daniels created the Young Americans Bank in 1987 after a group of elementary students in Denver, Colorado were denied a loan from other banks for a school project Young Americans Bank is housed under Young Americans Center for Financial Education, a 501(c)3 non-profit that organizes programs such as Young AmeriTowne, International Towne, Get aHead for Business, summer camps, and Young Americans Bank, a for-profit, FDIC insured financial institution. The Bank has the distinction of being the worlds sole financial institution designed specifically for people under the age of 22 . As a full service bank, YAB offers, among other financial products, savings accounts, checking accounts, certificates of deposit (CDs), and credit card accounts . Emphasizing financial education for children, the Centers Youth Advisory Board regularly meets to discuss its operations, including the Bank and programs. |
