Bank of Saipan Releases Episode 2 of Financial Literacy Anime Series | Business section

BANK of Saipan premiered the second episode of its financial literacy anime series “for ages 7 to 107” at the bank’s headquarters on Beach Road in Chalan Laulau on Monday.

There were lots of positive comments from kids when BoS released “Dollar & Sense Episode 1: Introduction to Money Matters” in March last year, said Koniko Nakazato, one of the screenwriters.

You can watch it on Bank of Saipan YouTube channel: https://www.youtube.com/watch?v=j6p5aKdWB8Q

In this episode, the main and youngest character, seven-year-old Koku, learns the importance of saving money, as well as basic lessons on spending and borrowing money.

A special education teacher at Francisco M. Sablan Middle School, Nakazato said that after watching the first episode of the financial literacy video, children became interested in learning how to make wise financial decisions in life.

In “Dollar & Sense Episode II: Counting Money”, Koku asked his grandmother, Nana, a retired accountant, to help him count the money in his piggy bank. Koku wants to know if he has enough to open his own bank account.

To watch episode 2, go to https://www.youtube.com/watch?v=foSzeEWFS-c

BOS President and CEO John Z. Arroyo said their effort to provide financial literacy through a series of short videos “is unique because it’s specifically created to appeal to consumers in the Northern Marianas.” .

“The ‘Dollars & Sense’ videos describe a local multi-generational family’s journey to financial education,” he added. “Although the videos focus on local experience, the lessons imparted are universally applicable.”

A banker for more than 30 years now, Arroyo believes that learning money management – from the basics of creating a budget and saving to more advanced skills in investing, negotiating, managing credit and planning for retirement – is a life skill that takes years. of practice and discipline to master.

As such, he emphasized the need to teach financial education at a young age.

“There are a lot of important lessons and life skills that we learn at school or from parents, family and friends,” Arroyo said. “Others, we learn on the job. There is one very important lesson, however, that is often missed, and that is how to manage money. I believe that in order for this important life skill to be learned and to help our employees make sound and financially responsible decisions, we need to start providing financial education to children at an early age.

He said that Bank of Saipan is “committed to providing financial support, direction and banking expertise to produce a comprehensive series of videos for different age groups. The videos will provide useful information on money matters for all ages, from 7 years old through teenagers, high school students, college students and older adults:

He said the bank continues to use a wealth of local talent in its financial education videos – from scriptwriting to voice acting – to give a platform for local artistic expression.

Besides Nakazato, the other script writers were Daisy Villagomez-Bier and Laura Kyonka.

Mount Carmel School business administrative assistant Priscilla T. Dela Cruz played the role of Nana while Mount Carmel School Theater Club actors Maili Peter and Kainoa Tenorio brought the characters of Prima Kaya and Koku to life.

Arroyo said he wants financial literacy to be included in the CNMI education system.

“A young girl who watched episode 2 was so excited that she wanted to know more about counting money,” he said. “So we invited her to the branch here on Friday. BoS operations manager Gina Deleon Guerrero and staff members brought cash, and for an hour and a half the girl counted cash.