WAYNE – As the school year came to an end Thursday, elementary students in Wayne continued to learn the value of saving money through the State Nebraska Bank & Trust Blue Devil Branch.
According to a release from SNB, students with accounts saved $5,000 since the branch re-opened in February.
Nearly 190 students opened accounts and made over 800 deposits, which means 41% of Wayne Elementary students are actively saving for the future. Students also earned over 300 fun incentives, like bookmarks, coupons and school supplies.
The in-school savings program allows students in kindergarten thru 6th grade to open a savings account at school with parental permission. The goal is to teach local Wayne students how banks work and how to become life-long savers. In just two years of operation, more than 200 Wayne Elementary students have saved over $12,600 through this in-school savings program.
A total of 24, 5th and 6th grade tellers worked at the branch each week under supervision from SNB employees. Sixth grader Caylie Hopkins was chosen as the ‘Stellar Teller’ of the year.
Also, congratulations to Mrs. Janke’s 6th graders for having the highest percentage of depositors in March and April to win the honor of ‘Super Savers’, followed by Mrs. Rockhill’s kindergarten class in February.
This unique program is part of a state-wide effort led by the Nebraska Council on Economic Education to teach financial literacy to youth. There are more than 30 in-school savings programs operating in Nebraska and Iowa. The SNB Blue Devil Branch was the first in-school bank in northeast Nebraska, with support from Wayne State College economics students who taught financial literacy lessons to elementary students.
New tellers from 4th and 5th grades have been hired for next year so the school branch can reopen in the fall. Elementary students can always open an account at school with a signed permission form. For details about the branch, visit https://statenebank.com/about/blue-devil-branch/.
Founded in 1892, State Nebraska Bank & Trust is the only bank locally owned in Wayne, run by the same family for five generations. For more information, visit www.statenebank.com or call 402-375-1130.