For 22 years in a row, The Stephenson National Bank & Trust (SNBT) has earned the Certificate of Excellence in Financial Education Award from the Wisconsin Bankers Association (WBA). This award honors a bank-wide dedication to financial education during the 2020–2021 fiscal year. As a result of the pandemic, many bankers have come up with creative ways to advocate for the importance of financial literacy to consumers of all ages.
SNBT is in good company among the 10 banks from around the state who received the Excellence in Financial Education award. In addition, SNBT’s VP/CFO of accounting, Beth Durow received a Certificate of Recognition for her individual efforts in financial literacy by completing five financial education presentations.
“These individuals have truly gone above and beyond in the last year to ensure that Wisconsin communities continue to have access to invaluable financial education,” said chair of the Wisconsin Bankers Foundation, Rose Oswald Poels. “We thank Beth for her commitment to her community and for her overall dedication in leading the strive towards a more financially responsible state!”
Additionally, bankers from SNBT delivered both online and in-person financial presentations to students throughout Marinette and Menominee County. The primary focus this year was connecting to as many schools as possible in a safe way, following COVID-19 restrictions; teachers assisted with interactive games in the classroom while the bankers often participated virtually. “Setting the foundation for financial literacy early is important in today’s fast-paced world,” said Lisa Hower at SNBT. “Not only does learning financial concepts early help students form good money habits, but it also prepares them for the more complex lessons that can have a massive impact on their adult lives.”
Other SNBT financial education initiatives include: making presentations to high schoolers for Get Smart About Credit Day, visiting elementary and middle schoolers for Teach Children to Save Day, hosting seminars, making various classroom presentations to students of all ages, hosting bank tours, sponsoring Newspaper in Education, and funding local scholarships.