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Pine Bluff plans student-led banks with Simmons First Foundation grant to teach saving
Summary
The board heard a plan to open student-run bank stations across district schools, with Simmons First Foundation and FBT Bank partnering and a $24,600 grant pledged to launch kiosks, debit cards for in-school rewards and a pilot at Southwood Elementary.
The Pine Bluff School District presented a plan to open student-led bank stations at multiple campuses and to pilot an in-school debit-card rewards system, funded in part by a grant from the Simmons First Foundation.
Assistant Superintendent Mr. Carlock told the board the district will open on-campus “student banks” at Forest Park (sponsored by FBT Bank), Southwood Elementary (sponsored by Simmons Bank), James Matthews (FBT), the junior high (both banks represented) and the high school (both banks represented). Students will staff teller stations, handle deposits and help run a school-based savings program that district leaders say will teach budgeting and saving skills from pre-K through high school.
Why it matters: district leaders…
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