High School Financial Literacy Programs

Credit for Life FairCredit for Life Fair

Each spring, the Institution for Savings, in collaboration with local high schools in our market, coordinates and underwrites the Institution for Savings Credit for Life Fair. The Credit for Life Fair is a nationally recognized program designed to help high school students develop personal financial management skills that they will use throughout their lives.Specifically, this is an interactive half day fair when 11th grade students play the roles of 25-year old adults and are assigned professions and annual salaries. Then working within a budget based on their monthly "income," students visit 15 booths over a 3 hour period to make "purchase" decisions utilizing cash, credit or savings. During the course of the Fair the students will also be faced with a variety of unexpected occurrences:  their 'car' breaks down and needs extensive repairs; their 'pet' needs to go to the vet;  etc. During and at the conclusion of the Fair they will be required to visit the Credit Counseling Booth where they will be able to check their "credit" and determine whether they are indeed living within their budget.

Thank you to these high schools participating in 2020:  Amesbury, Newburyport, Pentucket, Triton, Ipswich, Masconomet, Hamilton-Wenham, Manchester- Essex, Landmark, Beverly, Swampscott, Gloucester and Rockport High School!

    Click here to view our Credit for Life Fair Video



Useful Links for Credit for Life Attendees

Getting and Keeping a Good Credit Score

Your Need A Budget (YNAB) App

Online Personal Finance Game

Practical Money Skill Apps

Stock Market Game


Get Smart About Credit

Get Smart About Credit

Every fall and spring Institution for Savings banking executives visit high schools in the Bank's market area to talk to seniors about the importance of careful budgeting, maintaining good credit and the perils of bad credit.

The intent is to help young adults develop a stronger understanding of credit and how to use it responsibly BEFORE they leave high school.



Educational School Banks

The Institution for Savings currently operates banking offices within Ipswich, Newburyport, Beverly, Triton and Masconomet Regional High Schools. These unique branches provide student interns with a “hands-on” experience in the real world of banking.  Students of Newburyport High participate in this program as part of the school-to-career internship program. Ipswich, Triton, Beverly and Masconomet High School utilize this program in conjunction with banking and related business classes offered at their respective high schools.

Students are fully trained to work as actual tellers in a fully operational branch located within the high schools.  These branches are FDIC approved and insured and offer many of the services offered at our other branches.  Students and staff are encouraged to open accounts and perform their daily banking transactions during the three to four designated hours of operation while school is in session.

Personal Online Banking
Open an account button Make A Loan Payment