Bank commits $50,000 to financial literacy program

The Lincoln Savings Bank Foundation has committed $50,000 to a financial literacy program at the University of Northern Iowa, Cedar Falls. 

The program, Financial Skills for Smart Living, is intended to allow high school students the chance to earn college credit while gaining knowledge of personal finance basics. According to the foundation, that’s similar to Reinbeck, Iowa-based Lincoln Savings Bank’s mission of “being an engaged, lifelong partner, helping others achieve their financial goals.” 

“I look forward to working with LSB to offer educational opportunities in personal finance for Iowa high school students,” said Jennifer Anderson, a business teaching program coordinator. “With their support, we will continue to provide exceptional professional development for teachers in the area of personal finance. More importantly, this partnership will generate new ways for UNI and LSB to provide a high-quality curriculum — with the option to earn college credit — to schools in their community.” 

Ryan Randall, associate director of development with the UNI Foundation, called private  funding “incredibly important as we grow our footprint and enhance personal finance education throughout the state of Iowa.

“We are extremely grateful for LSB and their commitment to supporting education,” he said.