Bank Loan Day is an event for kids who want to be involved in Lemonade Day and get a loan from Chances & Services for Youth. The funds were donated by The Hometown Savings Bank. Loan Day teaches children how to take out a small business loan for their lemonade stands.
Participating children will need to complete a business plan for their Lemonade stand prior to Bank Loan Day. On June 5th The Hometown Savings Bank employees are volunteering to teach children about bank loans, give a tour of the bank and walk the children through their loan application. Loan forms will be provided at the event and the process of applying for a loan will be explained by a loan officer. On Loan Day children will share their business plan with Lemonade Day Staff & The Hometown Savings Bank employee volunteers.