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Public Information and Communication

FOR IMMEDIATE RELEASE:
June 5, 2014 

FOR MORE INFORMATION:
Mary Jo Ryan                         Christina Kahler                              Jana Langemach
402-471-3434                         Director of Marketing, NEST          Director of Communications
800-307-2665                         402-602-6549                                 402-471-8884

Children Completing Nebraska Summer Reading Programs to Be Entered to Win More Than $11,000 in NEST 529 Scholarships

NEST partners with libraries statewide on scholarship program, demonstrating that Books Are Just the Beginning at Nebraska libraries

Omaha, Neb. (June 5, 2014) – Nebraska’s 529 College Savings Plans (NEST), First National Bank of Omaha, Nebraska State Treasurer Don Stenberg and the Nebraska Library Commission announced today the NEST Read to Win $529! Drawing as part of library summer reading programs across the state.  More than $11,000 in NEST 529 College Savings scholarships and donations will be awarded.

Fifteen summer readers, five in each of Nebraska’s three congressional districts, will be randomly drawn from those who complete a summer reading program. Each winner will receive $529 in a NEST college savings account. The library of each winner will receive a $250 donation. To enter, children must register for the summer reading program at their libraries and complete the program as defined by their libraries.

“The Nebraska State Treasurer’s Office is happy to help sponsor the NEST Read to Win program this summer in local libraries all across Nebraska. Libraries are special places where children and teens can explore, learn, and dream. These early experiences in their local hometown libraries help children foster a love of reading and learning and set the stage for their years of formal education, from kindergarten through a four-year college, community college, or technical school. We here at NEST wish the very best for all the young readers in Nebraska and for their educational futures,” State Treasurer Stenberg said.

"NEST is proud to support the educational efforts of Nebraska’s children as well as the great work of the libraries statewide,” said Deborah Goodkin, Managing Director of NEST at First National Bank of Omaha, the NEST Program Manager. “With the libraries encouraging leisure reading during the summer, children can daydream and think of places they want to go and what they want to be. We hope this scholarship program encourages children and families to get involved in summer reading and complete the program with a little extra incentive for a possible scholarship.”

“Nebraska public libraries’ summer reading programs are great opportunities for children and teens to have the time to enjoy reading while maintaining and improving reading skills. They can also enjoy the many science-themed activities that are part of this year’s programs,” said Nebraska Library Commission Director Rod Wagner. “As places for learning, libraries are a natural partner for NEST—helping to illustrate the importance of children and their parents setting aside money for college education. The Nebraska Library Commission is pleased to join with the Nebraska State Treasurer, First National Bank of Omaha, Regional Library Systems, and Nebraska public libraries to promote lifelong learning, financial education and planning.”

Winners will be drawn from the names of children who complete the summer reading program as submitted at the end of their programs by libraries throughout Nebraska. Winners will be announced during college savings month in September.  

For official scholarship rules, visit the NEST College Savings Plans at www.NEST529.com, the State Treasurer's Office at www.treasurer.org/cs/ or the Nebraska Library Commission at http://nlc.nebraska.gov.         
  
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About NEST
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 the Program Trustee. First National Bank serves as the Program Manager, and all investments are approved by the Nebraska Investment Council. Families nationwide are saving for college using the NEST 529 plans, which have more than 215,000 accounts, including 62,000 in Nebraska. Visit NEST529.com and www.treasurer.org/cs/ for more information.  

About First National Bank
First National Bank of Omaha is a subsidiary of First National of Nebraska, which is the largest privately owned banking company in the United States. First National and its affiliates have $17 billion in managed assets and nearly 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.  

About Nebraska Library Commission
As Nebraska’s state library agency, the Nebraska Library Commission is an advocate for the library and information needs of all Nebraskans. The mission of the Library Commission is statewide promotion, development, and coordination of library and information services-“bringing together people and information.” Visit http://booksarejustthebeginning.com/ for more examples of how Books Are Just the Beginning at Nebraska libraries.    

Investments Are Not FDIC Insured*   No Bank, State or Federal Guarantee    May Lose Value *Except the Bank Savings Individual Investment Option

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The most up-to-date news releases from the Nebraska Library Commission are always available on the Library Commission Website, http://nlc.nebraska.gov/publications/newsreleases.