Banking Skills At A Young Age

I think it's always good when children are encouraged to learn about money, saving and interest. The earlier the better. I have been happy to read about more banks setting up programs for children like this one mentioned in The Signal:

Hundreds of children throughout the Santa Clarita Valley have been getting hands-on practice saving money through a community youth project run by parents through local schools.

Elementary students are able to open an account for only 25 cents through Washington Mutual's School Savings program, and every other deposit - no matter how small - earns a prize.

It would be great to see all communities set up similar programs with banks in their area...