Fairfield Ledger
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Neighbors Growing Together | Oct 25, 2014
BUSINESS BRIEFS

Washington School Bank’s tellers tour Iowa State Bank & Trust Company

May 06, 2013
PHOTO SUBMITTED The Washington Elementary School fourth-graders, who work as tellers for Washington School Bank, tour Iowa State Bank & Trust Company to see what happens to the deposit slips, cash and checks that they are responsible for, once the Thursday morning banking time is completed.

The Washington School Bank was originated this past fall semester by Washington Elementary School Principal Jeff Eeling in cooperation with the Iowa State Bank & Trust Company of Fairfield.

Each week, the fourth-grade tellers accept deposits from the rest of the student body into their own personal savings accounts with the bank. The fourth-grade tellers never get a chance to see what happens to those deposit slips, cash and checks that they are responsible for, once the Thursday morning banking time is completed at the Washington School Bank.

Thursday, the tellers were treated to a field trip to the Iowa State Bank & Trust Company at Fourth and Burlington. They had a chance to see how a deposit is processed when it is received at the bank. They also were given the opportunity to process coins in the coin sorting machine as well as tour the two bank vaults. The young tellers also were introduced to the loan department on the second floor of the bank.

Iowa State Bank staff working with the program are Tiffany Crile, Becky Hanna, Tisha Batterson and Dave Neff.

As an additional reward to those students who have been regular depositors at the Washington School Bank, a drawing was held April 11 for five gift tickets for a kids’ buffet at Pizza Ranch in Fairfield. Each time a student makes a deposit, their name goes into the drawing. This helps encourages the students to continue to make deposits to their savings accounts. The final day for this school year banking session will be May 30, and there will be one final drawing for five winners for kids’ buffet tickets at the Pizza Ranch.

Iowa State Bank is a community-focused locally owned bank committed to personally and professionally delivering financial solutions with every opportunity.

“We feel strongly about financial education of the youth of our community and as a founding bank working in cooperation with the Fairfield Community School District, we are proud to provide the banking services for the Washington School Bank,” said Neff.

 

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