{"id":6159,"date":"2026-05-15T09:36:06","date_gmt":"2026-05-15T14:36:06","guid":{"rendered":"https:\/\/www.ncultheaffiliate.com\/?p=6159"},"modified":"2026-05-15T10:06:48","modified_gmt":"2026-05-15T15:06:48","slug":"gov-pillen-proclaims-april-as-financial-awareness-month","status":"publish","type":"post","link":"https:\/\/www.ncultheaffiliate.com\/?p=6159","title":{"rendered":"Gov. Pillen Proclaims April as Financial Awareness Month"},"content":{"rendered":"

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Gov. Jim Pillen issued a proclamation recognizing April as Financial Awareness Month in Nebraska. The event featured student tellers from in-school savings program, or ISSP, whereby a credit union or other financial institutions sets up a branch at a local elementary school.<\/p>\n

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In-school savings branches have been a fixture in Nebraska elementary schools for more than 20 years. Through these programs, students are able to make weekly deposits at their school-based branch. Schools oversee the custodial accounts, while partner financial institutions provide auditing support. Rather than earning interest, students are rewarded with incentives and prizes provided by the sponsoring bank.<\/p>\n

Highlighting the impact of these programs on financial education, research found in-school savings program participants were more likely to have a savings account in high school compared with nonparticipants and high school students with savings accounts are more likely to save regularly. Findings indicate that in-school savings programs contribute indirectly to saving regularly through their direct influence on getting students to open a bank account and open it early.<\/p>\n

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Interested in helping local students build strong financial skills? The Nebraska Council on Economic Education (NCEE) provides resources and support to establish in-school branches. For more information or to get started, contact Dr. Jennifer Davidson at the NCEE at\u00a0jdavidson2@unl.edu<\/strong><\/a>\u00a0or Gisela Jundt at the NBA at\u00a0gisela.jundt@nebankers.org<\/strong><\/a>.<\/p>\n

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