As students are counting down the days until summer break, their good savings' habits from the past school year are supporting their schools. This year Rivermark donated $895 to Scholls Heights Elementary School as part of the School Savers program. For every child who opens a new savings account over the course of the year, Rivermark donates $25 to that child's school. Then Rivermark matches up to $5 of each child’s deposit on scheduled deposit days throughout the school year.
The School Savers Program was developed to teach kids how to deposit money into a savings account and to help encourage them to keep saving. Kids are rewarded for their progress by receiving a special prize once they reach 10 deposits.
The program was started in 2011/12 following the opening of the Progress Ridge branch in Beaverton. Over the past 5 years, this unique elementary school partnership has helped raise nearly $10,000 for these local schools.