Umpqua LIFE - Learn To Earn For Kids


Developed in 1996 by a school administrator, the purpose of Learn to Earn is to educate and encourage children in grades kindergarten through eighth grade to save. By forming partnerships with schools and communities and serving as a key resource for financial literacy, we are happy to be fostering money management skills for more than 8,000 students at more than 100 schools. We aim to: Provide an opportunity and the convenience for all children to bank consistently at school Encourage understanding and appreciation for saving and the development of life-long money management skills Promote partnerships between local schools and Umpqua Bank Support student banking activities with financial education in the classroom Each week, bank representatives and volunteers visit schools to accept students’ deposits into their savings accounts. All other banking activities are done at the bank. Student-size passbooks and vinyl zipper bags to carry their deposits to school are presented to young savers. A savings account designed especially for students allows them to open an account with only $1.00 and to earn interest immediately. There are no minimum subsequent deposit amounts and statements are mailed quarterly to students’ homes. Each time students make a deposit into their account, they receive a reward. In addition, ongoing games and special events help make this educational program fun. Plus, because they’re making deposits into their account, students will earn interest on their account balance! As a special “thank you” to parents, faculty and staff of Learn to Earn schools, we offer our exclusive “Very Special Parent & Teacher” (VSPT) benefit banking package. These offers include a special checking account and a Learn to Earn Certificate of Deposit with only a $500.00 minimum opening balance (a variety of terms are available). Students and their parents can watch their money grow even faster. Drop us an email to learn more.

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