Nebraska State Treasurer Don Stenberg, First National Bank of Omaha, and the Nebraska Library Commission presented 15 Nebraska children and teenagers each with a $529 contribution to a NEST 529 College Savings account today in the fourth annual Read to Win Drawing at the Nebraska State Capitol Rotunda. Each winner’s respective library branch was awarded $250.
Out of 13,000 entries, five children were selected at random from each of Nebraska’s three U.S. Congressional Districts. Children between the ages of 3 and 18 were automatically entered into the drawing if they were registered for summer reading programs at their local libraries and completed local requirements for the programs.
“In addition to sparking creativity and improving critical thinking skills, reading has been associated with higher rates of academic success among young children,” said State Treasurer Stenberg, Trustee of NEST. “It is reassuring to see the number of entries rise each year as we lend support to our community libraries that play a large part in fostering children’s education and love of books.”
The 2017 winners, their hometowns, and the libraries where they participated in summer reading are as follows:
“At NEST, we encourage children to dream big for their futures and to achieve their academic goals. Through the fourth annual Read to Win $529 Drawing, we are proud to promote literacy as well as motivate families to save for their children’s academic futures,” said Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha.
NEST is a tax-advantaged 529 college savings plan and provides four plans to help make saving for college simple and affordable: NEST Direct College Savings Plan, the NEST Advisor College Savings Plan, the TD Ameritrade 529 College Savings Plan, and the State Farm College Savings Plan. The Nebraska State Treasurer serves as Program Trustee. First National Bank of Omaha serves as Program Manager, and all investments are approved by the Nebraska Investment Council. Families nationwide are saving for college using Nebraska’s 529 College Savings Plans, which have more than 254,000 accounts, including 79,000 in Nebraska. Visit NEST529.com and treasurer.nebraska.gov for more information.
About First National Bank of Omaha
First National Bank is a subsidiary of First National of Nebraska. First National of Nebraska is the largest privately owned banking company in the United States. First National and its affiliates have more than $21 billion in assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.