Financial Literacy Month Is Every Week at SCHOOLSAVINGS.COM!

SEATTLE, April 30 /PRNewswire/ -- April is Financial Literacy month and SCHOOLSAVINGS.COM, the largest provider of online school banking programs in the United States, celebrated by launching a new service that generates income for vital education programs. While school fundraising staples such as cookie dough, chocolate bars and entertainment books raise funds, they don't provide direct student benefits all year long. Schools can now use the School Savings Program to raise vital funds by asking local businesses to sponsor the program which usually takes place before school. Local sponsors' logos appear on student deposit receipts and throughout the website. Students practice a fundamental life skill by making weekly deposits at school while schools raise funds! Volunteers that register their school on SCHOOLSAVINGS.COM by June 30th will be entered to win $100 for a fall kick-off School Savings party.

Fund raising with SCHOOLSAVINGS.COM is easy because FREE FUNDRAISING TOOLS are embedded in its website. Students do not need to sell anything. One tool lets parents support the program and their school by making a contribution when enrolling their child for weekly school banking. The second enables LOCAL BUSINESSES and financial institutions to support financial literacy AND the school by purchasing a sponsorship.

The goal of SCHOOLSAVINGS.COM is A Savings Account for Every Child. Students make deposits at school into their savings account at any bank or credit union in the United States. And families learn to save together by tracking school deposit history, maintaining a real-life savings register and monitoring savings goal progress -- all ONLINE.

Finance Professor Lewis Mandell, an expert on financial literacy at the University of Washington, strongly endorsed school-based programs that encourage savings at an early age. "My first bank account was opened for me in my elementary school in New York City. Ownership of my own account and my own money helped me establish a savings habit that has stayed with me my entire life. Every youngster should be given this opportunity."

SCHOOLSAVINGS.COM is an independent financial education program. The program has been used in more than 5000 schools since 1982. It provides a secure, innovative, affordable and convenient way for students to make savings deposits from school. It is the only school banking program approved by the US Department of Education. Visit SCHOOLSAVINGS.COM For assistance registering or regional sponsorships, contact [email protected] or call toll free 1-888-787-7728.

SOURCE SCHOOLSAVINGS.COM