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Teaching Kids to Save with Purpose
Teaching Kids to Save with Purpose Teaching Kids to Save with Purpose Author: 316 Financial Published: Thursday, April 24, 2025 At 316 Financial, we believe that financial literacy for children isn't just a nice-to-have — it's essential. Teaching kids how to save money builds a strong foundation for lifelong financial responsibility and wise stewardship.That’s why we’re celebrating National Teach Children to Save Day: a nationwide initiative dedicated to helping kids understand the value of money, the importance of saving, and how to develop smart money habits from an early age.Why It’s Important to Teach Kids About Money EarlyJust like planting a garden, teaching children about money requires time, patience, and consistency. But when we introduce saving and budgeting at a young age, we equip them with tools to become confident, generous, and responsible adults.Easy and Engaging Ways to Teach Kids to SaveWant to know how to teach your child to save money? Here are some fun and practical ideas to get started:Tell a Story Kids learn through storytelling. Share personal experiences about saving for something special or learning how to manage your money wisely.Use the Jar System Label three jars: “Give,” “Save,” and “Spend.” This visual method helps children understand basic budgeting and the purpose of each dollar.Make It a Game Use play money, savings apps, or board games like Monopoly Junior to introduce concepts like earning, spending, and saving in a fun and memorable way.Celebrate Milestones Whether they save $5 or $50, celebrate the achievement! Talk about the next goal and how they might reach it — this reinforces positive saving behavior.Raising Financially Savvy Kids Is About More Than MoneySaving is more than just a financial skill. It’s also a form of intentional stewardship. When we teach children to save, we’re helping them grow into wise caretakers of their resources and blessings.Additional Resources for Teaching Kids to SaveLooking for more ideas? Check out the Consumer Financial Protection Bureau’s Activities for Kids. You'll find free, age-appropriate resources to help build financial literacy at home. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Purpose-Driven Design Gets the Spotlight
Purpose-Driven Design Gets the Spotlight bank316.com wins Kentico Site of the Month award Purpose-Driven Design Gets the Spotlight Author: 316 Financial Published: Wednesday, April 30, 2025 bank316.com Named Kentico Site of the Month We built 316 Financial to be different. Purpose-driven. Faith-forward. And designed with intention at every step. That includes our website—bank316.com—which was thoughtfully crafted to reflect the heart of our mission and make it easy for customers to engage with a bank that gives back. Last month, that work was recognized in a new way: bank316.com has been named Kentico’s Site of the Month. Kentico is a global content management system trusted by enterprise brands around the world, and their Site of the Month award highlights websites that stand out for innovation, performance, and design. Being chosen is an honor—and a reminder that even our digital presence can reflect something deeper. We’re incredibly proud of this recognition, but even more proud of the team behind it. From our designers and developers to our strategists and storytellers, every person who touched this site poured in their talent and care. They helped bring 316 to life online—and ensured that our values shine through, even in the small details. At 316, we believe your bank should stand for something more. That’s why we tithe 10% of profits to causes that uplift and inspire. It’s why we aim for excellence in every experience we deliver. And it’s why moments like this matter—because they help us share our mission with even more people. Thanks to Kentico for the spotlight—and to our community for being the reason behind the work. We’re just getting started.
Heard Us on the Air? That Was Markeia.
Heard Us on the Air? That Was Markeia. 316 Financial and WOAD 1300 AM interview Heard Us on the Air? That Was Markeia. Author: 316 Financial Published: Monday, April 7, 2025 We were honored to be featured on WOAD 1300 AM in Jackson, Mississippi — a trusted voice in urban gospel radio. Markeia Johnson, who leads our Financial Stewardship Committee at 316 Financial, shared how our bank is reimagining what it means to align faith and finances. She touched on our mission, our commitment to tithing 10% of profits to causes that uplift, and why stewardship matters now more than ever. If you missed it live, you can catch the full segment right here: 🎧 Listen to the interview We’re grateful to WOAD for the opportunity — and to every listener who’s exploring how banking can be a force for good.
FaithTalk Today
316 Financial on FaithTalk Today Listen to 316 Financial join FaithTalk Today to share how they're reimagining banking through faith, tithing, and purpose-driven service. FaithTalk Today Author: 316 Financial Published: Thursday, May 8, 2025 Jason Williams, Director of Banking Services, and Mandi Gilbert, Director of Marketing at 316 Financial had the pleasure of sitting down on Faith Talk Today to discuss all things 316 with producer Ezra Ortiz.Together, Jason and Mandi explore how 316 Financial is reimagining banking by putting faith at the forefront of every decision, why 316 was created and what they really mean when they say that 316 Financial is the bank that tithes.Watch the video below, or visit faithtalk970.com to listen to the full conversation.<span class="fr-mk" style="display: none;"> </span>
Our Tithing Commitment
Our Tithing Commitment | 316 Financial At 316 Financial, we donate 10% of our profits to support nonprofits that reflect His teachings. Your everyday banking helps create lasting, meaningful change. VALUES-BASED GIVING Support uplifting causes with every transaction. OUR TITHING COMMITMENT We donate 10% of our profits to causes that reflect His teachings. How Does it WorkYour everyday banking makes a lasting impact. Use Your Account as Usual Enjoy all the features and benefits you expect—no compromises. Use your account just like any other, whether it’s making everyday purchases, saving for the future, or managing your finances. We Tithe for You We set aside 10% of our profits to support nonprofits and organizations that uplift communities and spread hope. Your banking helps fuel meaningful change without any extra effort on your part. Giving That Keeps Going This isn’t a one-time thing. Every year, we donate 10% of our profits to continue supporting organizations that align with our values—so your impact grows right along with your savings. HOW WE DECIDE Guided by Purpose, Led with Integrity Our Financial Stewardship Committee meets quarterly to guide how donations are made, ensuring every dollar makes a meaningful impact. We're laying the groundwork now and will share more details soon. Rest assured, our commitment to giving is backed by a thoughtful and principled approach. Learn More Play Video Profits with a Purpose THE BANK THAT TITHES Profits with a Purpose It’s true—we donate 10% of our profits to causes that create lasting impact and reflect His teachings. It’s also true that we do this without cutting corners on rewards and service for you. Because at 316 Financial, we believe your money should work for you and for a greater good.
Contact Us
Contact Us | 316 Financial Have questions? Connect with 316 Financial for personalized support. We're here to help with your faith-based banking needs. Contact us today! Faithfully Here, 24/7Whether you need answers, assistance, or just some guidance—our team is ready to help anytime, anywhere. First name Last name Email Phone Subject Message Sharing your number here does not opt you into marketing messages. A representative will only use it to return your call. Other Ways to Get in Touch Phone: 833.316.3167Email: [email protected]316 Financial PO Box 2075, Ashland VA 23005
Privacy Policy
Privacy Policy | 316 Financial Your Privacy Matters At 316 Financial, your trust is our priority. As a division of Primis Bank, Member FDIC, we are committed to protecting your personal information and being transparent about how it’s used. Our privacy practices follow those of Primis Bank, ensuring the same level of security and protection for your data.Below, you’ll find our full privacy policy, outlining how we collect, use, and safeguard your information. If you have any questions, we’re always here to help.Click here to read our Privacy Policy PDF.WhyFinancial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.WhatThe types of personal information we collect and share depend on the product or service you have with us.This information can include:Social Security numberAccount balancesTransaction historyCredit historyAssetsEmployment informationHowAll financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Primis chooses to share; and whether you can limit this sharing.Reasons we share your personal informationDoes Primis Bank share?Can you limit sharing?For our everyday business purposes – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureausYesNoFor our marketing purposes – to offer our products and services to youYesNoFor joint marketing with other financial companiesYesNoFor our affiliates everyday business purposes – information about your transactions and experiencesYesNoFor our affiliates everyday business purposes – information about your creditworthinessYesYesFor our affiliates to market to youYesYesFor non-affiliates to market to youYesYesTo limit our sharing:Call Toll-free 833-477-4647 for 24/7 Customer Service.Please note:If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.Questions? Call toll-free 1-833-4PRIMISWho we areWho is providing this notice?Primis means the following institutions: Primis Bank, Primis Mortgage Company, and divisions of Primis Bank that do not use the corporate name Primis.What we doHow does Primis Bank protect my personal information?To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.How does Primis Bank collect my personal information?We collect your personal information, for example, when you:Open an accountDeposit moneyApply for a loanUse your credit or debit cardGive us your contact informationWe also collect your personal information from others, such as credit bureaus, affiliates, or other companies.Why can’t I limit all sharing?Federal law gives you the right to limit onlysharing for affiliates’ everyday business purposes – information about your creditworthinessaffiliates from using your information to market to yousharing for nonaffiliates to market to youState laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.What happens when I limit sharing for an account I hold jointly with someone else?Your choices will apply to everyone on your account.DefinitionsAffiliatesCompanies related by common ownership or control. They can be financial and nonfinancial companies.Our affiliates include companies with a common corporate identity of the Primis name such as Primis Bank, Primis Mortgage Company, and Primis Financial Corp.Non-affiliatesCompanies not related by common ownership or control. They can be financial and nonfinancial companies. Nonaffiliates we share with can include insurance companies and co-branded partners.Joint marketingA formal agreement between nonaffiliated financial companies that together market financial products or services to you.Our joint marketing partners include credit card companies.Other important informationFor Alaska, Illinois, Maryland and North Dakota Customers. We will not share personal information withnonaffiliates either for them to market to you or for joint marketing – without your authorization.For California Customers. We will not share personal information with nonaffiliates either for them to market to youor for joint marketing – without your authorization. We will also limit our sharing of personal information about youwith our affiliates to comply with all California privacy laws that apply to us.For Massachusetts, Mississippi and New Jersey Customers. We will not share personal information from deposit orshare relationships with nonaffiliates either for them to market to you or for joint marketing – without your authorization.For Vermont Customers.We will not disclose information about your creditworthiness to our affiliates and will not disclose your personal information, financial information, credit report, or health information to nonaffiliated third parties to market to you, other than as permitted by Vermont law, unless you authorize us to make those disclosures.Additional information concerning our privacy policies can be obtained by calling 1-833-4PRIMIS.
Faith, Finances, and Fraud Protection
Faithful Finance: 5 Summer Fraud Tips Protect what’s been entrusted to you. Learn 5 easy ways to guard your money and stay secure this summer—rooted in wise stewardship. Faith, Finances, and Fraud Protection Author: 316 Financial Published: Wednesday, February 5, 2025 How to Be a Wise Steward This SummerWe believe every dollar has a purpose—and it's our job to help you protect what’s been entrusted to you. Whether you're heading into summer vacation mode or just trying to stay one step ahead of online threats, it's the perfect time to sharpen your financial security habits.Here are 5 simple ways to keep your money and information safe this season—without losing your peace of mind.1. Don’t Trust Every Text or EmailScammers love pretending to be your bank, your utility provider, or even a ministry asking for donations. If you get a message asking you to click a link, log in, or “confirm” your information—pause.What to do: Go directly to the official website or contact the organization through a known, trusted number. Never click on a link you weren’t expecting.Remember: 316 will never call or text you asking you to provide details regarding your personal info or account, unless you prompt the call.2. Use Alerts to Catch Trouble EarlyReal-time text and app alerts are one of the easiest ways to spot fraud before it escalates. If someone makes a purchase or withdrawal, you’ll know instantly—and can take action.What to do: Turn on transaction alerts in your 316 mobile app for every debit card purchase or login attempt.3. Keep Your Access Personal and ProtectedWe trust the people closest to us—but financial security starts with personal responsibility. Even with good intentions, sharing your login can lead to accidental mix-ups or create openings for fraud.What to do: Think of your account access like your house key: it’s best kept in your hands. If someone else needs access, let’s talk about safer ways to share information or set up the right account for their needs.4. Avoid Public Wi-Fi for Financial TransactionsAirports, coffee shops, and hotel Wi-Fi networks are convenient—but not always secure. Logging into your bank or uploading sensitive documents over public Wi-Fi opens the door for hackers.What to do: Use your phone’s data connection for banking tasks or wait until you're on a secure, private network.5. Practice Purposeful Generosity, SafelyGiving to causes that matter is at the heart of what we do—but even generosity can be hijacked by fraudsters. Fake charities or spoofed donation sites are on the rise.What to do: Always vet organizations before donating. If something feels off, it probably is. And when in doubt, reach out—we’re happy to help verify.Your Financial Safety Is Part of Your StewardshipBeing a wise steward isn’t just about how you give—it’s also about how you guard what’s been entrusted to you. With a few simple habits and the right tools, you can move through summer with confidence, clarity, and care. Need help setting up alerts or reviewing your account? Call us any time. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
The Power of ‘Paying Yourself First’ (And How to Make It Happen)
The Power of ‘Paying Yourself First’ Learn the power of "paying yourself first" to build savings automatically. Prioritize your future with easy strategies and high-yield savings at 316 Financial. The Power of ‘Paying Yourself First’ (And How to Make It Happen) Author: 316 Financial Published: Wednesday, April 2, 2025 Most people handle money the same way: paycheck comes in, bills get paid, groceries get bought, and whatever’s left (if anything) goes into savings. The problem? There’s never "extra" money to save.That’s why the most financially successful people flip the script. They follow one simple rule: pay yourself first.What Does It Mean to Pay Yourself First?Paying yourself first means treating saving like a non-negotiable bill—just like rent, your phone plan, or electricity. Before you pay anyone else, you set aside money for your future.Why? Because if you wait until the end of the month to save what’s left over, you’ll always find something to spend it on.How to Make It Happen (Without Thinking About It)The trick is to make saving automatic so it happens before you even have a chance to miss the money. Here’s how:Set Up an Auto-Transfer – Have a percentage of your paycheck automatically deposited into savings. Even $20 a week adds up over time.Use High-Interest Savings – When your money earns interest, it grows even faster. With 316 Financial, you earn 4.05% APY (annual percentage yield*), helping you build wealth just by letting your money sit.Think of It as a Bill – Budget for your savings the same way you budget for rent or insurance. It’s not “extra”—it’s essential.Start Small & Increase Over Time – If 10% of your paycheck feels too ambitious, start with 5% or even 2%. The key is building the habit.Make It Harder to Spend – Keep your savings in a separate account from your checking. Out of sight, out of temptation.Your Future Self Will Thank YouThe beauty of paying yourself first? Over time, your savings grows without stress or sacrifice. And with no monthly service fees, 24/7 support, and an account that helps support causes that uplift, 316 Financial makes saving simple—and meaningful. Remember, deposit accounts can be opened with as little as $1. *APY = Annual Percentage Yield. No minimum balance is required to earn interest. Rates are accurate as of March 6, 2025, and may change at any time. Fees, if applicable, may reduce earnings. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Limits
Limits | 316 Financial Your 316 Accounts Move Money Your Way Seamless transfers, transparent limits. We make moving money simple and seamless. Whether you're sending payments, withdrawing cash, or funding your account, we've got you covered with transparent limits and no hidden fees. P2P & Bill Pay With our digital banking tools, you can send money through Bill Pay and Peer-to-Peer (P2P) services, while also receiving funds through direct deposits and other P2P platforms. Consumer Per Transaction Limit Daily Limit Weekly Limit Monthly Limit P2P New $500 $500 $3,500 $10,000 P2P Tenured $2,500 $10,000 $25,000 $50,000 Bill Pay New $3,500 $5,000 $15,000 $25,000 Bill Pay Tenured $10,000 $25,000 $50,000 $100,000 ATM Transactions You can access cash from any ATM nationwide, with fees reimbursed at the end of each statement cycle. For security, ATM withdrawals are limited to $550 per day. Worried you can’t make deposits at the ATM? We’ve got you covered. Just use your phone’s camera and the 316 Financial app. All 316 customers can use our mobile check deposit feature to deposit up to $25,000 per day. ACH Transfers Moving money between 316 Financial and other banks is easy with ACH transfers. Daily Limit: $18,000 (incoming and outgoing)Monthly Limit: $100,000 (incoming and outgoing)Cost: Free for all incoming and outgoing transfersIf you need to transfer money outside of these customer limits learn how to make a wire transfer (we’ll even refund your fees). Initial Funding Limits Get started with your new account easily. Here’s what you need to know about initial deposits: 316 Rewards Checking: $6,000316 Interest Checking: $30,000316 Savings: $100,000Wire Transfers – We’ve Got You Covered We don’t charge fees for incoming wires, and we’ll even refund fees your other bank may charge—plus, we’ll add $10 for your effort. Just contact our support team with documentation to claim your refund. Send an email to get started.Need more details?Our U.S.-based customer care team is available 24/7 to assist with any questions. Click here to contact us.