Teens create videos to tout benefits of savings

The American Bankers Association Foundation encouraged teens to be smart with with their money through its “Lights, Camera, Save!” national video contest for America Saves Week, which took place Feb. 26-Mar. 3. The winners, hailing from Springfield, Va., Miami, Fla., and Salt Lake City, Utah, were announced Feb. 28. Their videos can be viewed here.

The winner was Dylan Fox, a high school student from Springfield, Va., who received the grand prize of $5,000 for his rap music video, “Money: It’s literally everything.” Fox entered the contest through his local bank, Burke & Herbert Bank in Alexandria, Va.

“Burke & Herbert Bank is a strong advocate for developing financial literacy among the next generation of banking consumers so our involvement in the ‘Lights, Camera, Save!’ program is a natural extension of our ongoing work,” said Terry Cole, executive vice president at Burke & Herbert Bank.

“Through original lyrics and music, Dylan successfully highlights the value of saving and smart money management,” said Corey Carlisle, executive director of the ABA Foundation. “His video will be a fantastic tool in inspiring other students to make saving a priority.”

ABA’s “Lights, Camera, Save!” started in 2010 and encourages kids to communicate the value of saving through creative video production. The contestants start at a local level, and the local finalists go on to compete nationally. This year, the competition hosted more than 150 banks in 45 states.