Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Banker Urges Latinos to Save for College
Posted on February 20th, 2011 No commentsA new group started by a Boston banker is challenging low-income Latino families to save for college with the promise that their savings will be matched, according to an Associated Press story on Madison.com. -
Coverdell Changes Make 529s Appealing
Posted on October 15th, 2010 No commentsWith changes coming to Coverdell Education Savings Accounts in 2011, some parents are wondering if they should convert their Coverdells to 529 plans. “In many respects, 529 plans have left Coverdell ESAs in the dust,” writes Terry Jannsen, managing shareholder of Pewaukee-based Jannsen & Company S.C., in the Small Business Times of Milwaukee.
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Saving for Education Can Be Confusing
Posted on July 25th, 2010 No commentsSaving for college – or private high school – can lead to roadblocks, writes Bob Helbig of the Milwaukee Journal Sentinel. “When I’ve stopped in a few area banks lately asking about Coverdells, I’m met with blank stares from employees, followed by references to the bank’s one in-house financial planner/investment adviser. That gives you a sense of how little this investment option is used by customers,” he wrote.