Financial Literacy Month is Every Week at School Savings Where Students Bank at School
Apr 15, 2021
School Savers
Saving is the first step to financial literacy!\nhttps:\/\/www.schoolsavings.com
April is Financial Literacy month and School Savings, the largest provider of online school banking services in the United States, is celebrating! It's offering incentives to financial institutions to facilitate in-school deposit services to students at K-6 under-privileged schools. Charter and religious schools also qualify. FDIC 'Guidance to Encourage Financial Institutions' Youth Savings Programs' allows financial institutions to provide in-school deposit services to schools. Financial institutions that use School Savings' online deposit software also save by eliminating manual posting of student deposits. And, School Savings' financial literacy curriculum on 'saving' has been evaluated and approved by the U.S. Department of Education for use in schools.
School Savings is an education technology company that functions in many respects like a bank and is subject to the same security requirements as financial institutions. Its mission is to create a new generation of savers with special emphasis on Title 1 Disadvantaged schools. School Savings™ began in 1982 through a partnership with Washington Mutual Bank. It rapidly spread from Washington State to almost every state in the country, adding more than 300 banks and 7,000 schools to the program. More than 3,500,000 students have learned to save through School Savings™. How it Works!
Security is number 1 at School Savings™. Its data management systems and procedures meet SOC 2 security requirements. Notably, School Savings only ACCEPTS deposits AT SCHOOL. Withdrawals must be made through the local participating financial institution.
Parents love the program because it helps create a saving habit at a young age. "Financial education though a popular concern has been proven to have very little effect unless it is paired with actual experience wherein it then becomes more realistic and significant." Robert Freidman, Founder and Chair, Center For Economic Development (CFED).
School Savings provides that hands-on experience. School Savings uses the latest online banking technology and its capabilities as a processor for the Federal Reserve Bank to perform the school banking service.
Contact [email protected] or visit https://www.schoolsavings.com
Press Release Service by Newswire.com
Original Source: Financial Literacy Month is Every Week at School Savings Where Students Bank at School
More News
Ex-‘Doctor to the Barrios’ is Clark Medical City’s top officer
MABALACAT CITY, Pampanga — The Medical City (TMC) Clark has named a former “doctor to the barrios” and a veteran vascular neurologist and neurocritical care specialist as its new chief medical officer. Dr. Jo Ann Soliven will now lead clinical excellence and physician development at the hospital, according to a TMC Clark statement. “Dr. Soliven
South Cotabato gov: 3 dead, 6 wounded in school shooting
KORONADAL CITY – Three students were killed, and six others were wounded in a shooting incident inside the Banga National High School in Banga, South Cotabato, on Friday noon, Gov. Reynaldo Tamayo Jr. said. Tamayo said he gave the update to provide accurate information for the public amid reports circulating on social and mainstream media.
University of Northern Philippines-Vigan grad tops August, September 2026 Philippine nurses licensure exam
A graduate of the University of Northern Philippines-Vigan obtained the highest score in the Philippine nurses licensure examination held in August and September 2026.
Ilocos Sur taps potential of dive tourism
SAN ILDEFONSO, Ilocos Sur — The provincial government is promoting Ilocos Sur as an emerging destination for coastal and scuba diving through TouriScuba: Dive Clinic, which it held on Sept. 14 and 15. Set as part of the month-long Ilocos Sur Tourism Festival 2026, Touriscuba introduced participants to basic scuba diving knowledge, safety protocols, and
Leni Robredo thanks PCSO for P25-M Naga hospital equipment
MANILA, Philippines — Naga City Mayor Maria Leonor “Leni” Robredo, a former vice president, praised the Philippine Charity Sweepstakes Office (PCSO) for donating ₱25.1 million worth of diagnostic equipment to Naga City General Hospital, according to a PCSO statement issued on Friday. “We are beyond grateful, not just for these donations, but for what PCSO
Mindoro protected area at risk of damage after vessel grounding
CALAPAN CITY— The grounding of passenger vessel M/V Roromaster 5 has raised concerns over its impact on a marine protected area (MPA) in the town of Abra de Ilog, including a core conservation zone, local disaster officials said Thursday evening The roll-on, roll-off vessel struck the seabed and was beached near Sitio Sigman, Barangay Udalo,
Matibag asks: Why is Rep. Duterte reacting when probe is on contractors?
MANILA, Philippines — National Bureau of Investigation (NBI) Director Melvin Matibag is confused why Davao City Rep. Paolo “Pulong” Duterte is reacting to the agency’s investigation of anomalous flood control projects in the lawmaker’s district. The NBI head is puzzled because he said the subject of the probe are contractors, and not Duterte or other lawmakers.
Villars, local water districts face prelim investigation over graft raps
[Updated as of 7:30 p.m., Sept. 18, 2026] MANILA, Philippines — Sens. Mark and Camille Villar, parents former Sens. Manny and Cynthia Villar, and businessman Paolo Villar, and several officials are now facing investigation over alleged questionable joint venture agreements entered into by Prime Water Infrastructure Corporation (PWIC). Assistant Ombudsman Mico Clavano announced in a
Oriental Mindoro tightens border after ASF hits Occidental Mindoro
CALAPAN CITY, Oriental Mindoro — The provincial government of Oriental Mindoro is stepping up border biosecurity measures after the first African Swine Fever (ASF) case struck neighboring Occidental Mindoro last week. Provincial Disaster Risk Reduction and Management Officer Vinscent B. Gahol, Acting Provincial Veterinarian Dr. Alfredo Manglicmot, and Provincial Administrator Atty. Earl Ligorio R. Turano
3 dead, 8 wounded in South Cotabato school shooting
COTABATO CITY—At least three students have died in a shooting incident inside Banga National High School here at past 1 p.m. on Friday, authorities said. Banga Mayor Albert Palencia told Bombo Radyo Koronadal on Friday afternoon that the students were declared dead upon arrival at a local hospital, citing a report from the Municipal Disaster
Ridon, Tolosa ask why impeachment court did not act on Sara Duterte's remark
Two members of the House prosecution team questioned why Vice President Sara Duterte was not asked by the impeachment court to explain her remarks that President Ferdinand Marcos Jr. controls the senators, judges, and the police.
Motorcycle crash kills rider, seriously injures another in Cavite
LUCENA CITY – A 57-year-old motorcycle rider died while a 22-year-old rider was seriously injured in a collision at Indang town in Cavite on Thursday night, police said. Their two motorcycles crashed into each other along the national highway in Barangay Calumpang Cerca at 6:10 p.m. Police said the older rider overtook another vehicle, occupied
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.