Mini Bank Update November 1, 2009

The school Mini-Bank Program is a partnership between First Interstate BancSystem Foundation, targeted community schools, and the local First Interstate branch. The purpose is to promote financial literacy and asset building in students, schools, families and communities. Students with the support of First Interstate and school personnel operate a school saving bank to which all students can have an account. The Foundation and branch work together to provide materials and resources necessary for the students to operate the Mini Bank and increase personal financial skills.

Currently there are 17 Mini Banks across Montana and Wyoming. These banks have a combined savings totaling $717,525 with 1,183 savings accounts. Each Mini Bank account earns 4% interest.