School Savings™ creates new relationships with
Seventy-three (73) percent of School Saver households are new to the sponsor
Parent Volunteers manage the progarm at the school and transport student
deposits to the financial institution.
U.S. DEPARTMENT OF EDUCATION APPROVED
School Savings' U.S.
Department of Education approval
makes acceptance by
schools automatic. School Savings™ is the ONLY USDOE-approved school banking program.
School Savings™ is a “mortgage
incubator.” Growing families
need larger homes.
More than twenty (20) percent of School Saver parents acquiring a mortgage selected their School Savings
sponsor for their loan.
ELIMINATE MANUAL POSTING
Hand posting is eliminated
because School Savings'
iDebit™ technology processes
student deposits directly through the Federal Reserve Bank.
EARN CRA CREDIT
Financial institutions receive Community
Reinvestment Act (CRA) credit
for School Savings™ programs in low income schools when renewing their license with the
- The Whitehouse
- U.S. Department of Education
- American Bankers Association
- Federal Reserve Bank
- National School Directors Association
- National Association of State Treasurers
- Community Bankers Association
- 24 State Treasurers
- 40 State Bankers Associations
- National Elementary School Principals Association