I grew up at a time and in a neighborhood where little old ladies in black dresses waited on line at the local bank to get their interest stamped in their passbook savings accounts. The local bank, being smart about marketing to young people, worked with local schools to open savings accounts for kids. This taught some great lessons: the value of saving, how interest compounds, how a bank works, and most importantly—why those old neighbors made sure they got their interest stamped.
For a kid growing up in the sixties, it was hard to imagine that so many of those people waiting on line had lived through the Great Depression and a World War. They grew up not trusting the institutions around them and needed to see in black and white what was