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Farmers Savings Bank & Trust, in conjunction with Community Bankers of Iowa (CBI) is once again sponsoring the CBI Money Smart Week Poster Contest to motivate elementary school students to learn about money. Designed by the Federal Reserve Bank of Chicago, Money Smart Week's events were cancelled last year due to the COVID-19 pandemic. Money Smart Week has returned for 2021 in an all-virtual format.

The CBI Poster Contest is one of the few hands-on activities still being featured in Iowa during Virtual Money Smart Week. Elementary students can submit poster designs to participating Iowa community banks, answering the question: "Why is it important to know about money?". For showing community bankers what they know, students in 2nd through 6th grades have the chance to win either a $600 Certificate of Deposit (1st Prize), or a $300 Certificate of Deposit (2nd & 3rd Prizes).

Participating elementary students should submit their poster designs to Farmers Savings Bank & Trust in Vinton by April 9, 2021. Posters will be judged locally with cash prizes for each grade! Winning posters will continue on to the State competition for a chance to win up to $600!. Complete rules & submission guidelines are available at

Throughout Virtual Money Smart Week, participating community groups, financial institutions, government agencies, educational organizations, and financial experts will host free educational events to help Iowans of all ages learn to better manage their personal finances. More information about Money Smart Week - including a full calendar of events - is available at

Farmers Savings Bank & Trust was organized and chartered by the State of Iowa in June 1915. The bank is built on dedication to service and the success of our customers. Over the last century, the people who have made this bank a part of our community are our very talented staff members - both past and present.

About CBI

Community Bankers of Iowa exclusively promotes and defends independently owned and locally controlled Iowa community banks whose services are vital to the preservation of economic diversity and rural America. More than 300 independent community banks are located in Iowa, representing more than 1,000 communities across the state and employing over 5,000 Iowans. CBI members have in excess of $3.2 billion dollars in common sense loans to consumers, small businesses, and the agricultural community. For more information, visit

About Money Smart Week

Money Smart Week is a public awareness campaign, designed by the Federal Reserve Bank of Chicago, to help consumers better manage their personal finances.

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