This summer, Illinois lemonade-stand owners mean business
Washington Savings Bank, Effingham, Ill., is introducing a program that allows kids ages 6 to 12 to manage and run their own lemonade stands. [Continue]
A dozen Wyoming banks come together to support Habitat For Humanity
In Cheyenne, Wyo., 12 banks are partnering with Habitat for Humanity of Laramie County to build a four-unit townhome. Through what the organization calls its most ambitious project yet, ‘“The House That Banks Built” hopes to build community strength, stability and self-reliance through shelter. [Continue]
Banks spice up food drive with porky kiss
In honor of Minnesota FoodShare month, First National Bank of Northfield, Minn., and Community Resource Bank, Northfield, Minn., are competing to see who can raise the most pounds of food and financial donations in March. A representative at the winning bank will get to (have to?) kiss a pig. [Continue]
Bank teams with foundation to kickstart school savings effort
ChoiceOne Bank is teaming with a local foundation to provide $50 savings accounts to every kindergarten student in Newaygo County, in western Michigan. [Continue]
Teens create videos to tout benefits of savings
The American Bankers Association Foundation encouraged teens to be smart with with their money through its “Lights, Camera, Save!” national video contest for America Saves Week, which took place Feb. 26-Mar. 3. The winners, hailing from Springfield, Va., Miami, Fla., and Salt Lake City, Utah, were announced Feb. 28. [Continue]
Social or financial gains? Impact investments offer both
Philanthropists are continually looking for innovative ways to make a positive impact with their charitable gifts, and many are increasingly turning to impact investments. Although the concept has been around for nearly 40 years, the term “impact investing” didn’t exist until more recently. [Continue]
TCF supports causes in Ill., Wis. and Mich.
TCF Bank raised more than $150,000 in three Midwestern states; funds raised were directed to support families affected by autism and to support breast cancer research. [Continue]
UFMD: A way to build industry connections and support charity
It’s not often that bank and credit union executives break bread together. One might question whether it’s even a good idea to put them in the same room. But come together they did, more than forty of them along with a dozen representatives of the vendor community, for the February kickoff of United Financials Making a Difference. [Continue]
Bowling event brings bankers, businesses together for Junior Achievement
Nearly 40 Midwest businesses and banks gathered in Mankato on Feb. 9 to support financial literacy and education —and to bowl a few rounds. [Continue]
Banks to help nonprofits affected by tax reform
One outcome of the recent federal income tax overhaul will likely be reduced charitable giving. Taxpayers using the increased standard deduction (expected to be more than 90 percent of all individual filers) will lack a tax incentive to make charitable donations. The consequences for nonprofits could be sorely felt. Interest for Others Foundation has responded … Read more