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For Kids Only...Win Up To $6,000 In U.S. Savings Bonds

FOR IMMEDIATE RELEASE

October 31, 1997

Today the U.S. Treasury Department's Bureau of the Public Debt announced the Seventh Annual U.S. Savings Bonds Poster Contest where students in grades 4 through 6 can enter their creative posters to win valuable savings bonds prizes. There are winners in each of the 50 states and the District of Columbia, in addition to the three national winners who will be flown to Washington, D.C.

Poster Theme:

• The posters should show how savings bonds can help goals and dreams come true. Also the campaign's theme should be on the poster: “Take stock in America with U.S. savings bonds.”

Awards:

• A $1,000 savings bond is given to the first place winning poster in each state and the District of Columbia. Second place winners receive a $500 savings bond and third place a $200 bond.
• The first, second, and third place national winners receive, respectively, $5,000, $2,000, and $1,000 savings bonds at the national ceremony in Washington, D.C.
• Accommodations and transportation to and from Washington, D.C. are provided for the three national winners and a parent or guardian. While in Washington, winners are invited to tour the historic Treasury Building and meet the Treasurer of the United States, visit the U.S. Capitol, and go see the Bureau of Engraving and Printing where currency is made.

Deadline:

• All entries for the state contest must be postmarked by February 6, 1998; the 51 state winners are automatically entered into the national competition. Contest brochures were mailed to over 75,000 elementary schools natonwide in mid-October.

For More Information:

• Visit our web site: www.savingsbonds.gov.
• Write to: National Student Poster Contest, Bureau of the Public Debt, Savings Bonds Marketing Office, Room 318, 999 E St., N.W., Washington, D.C. 20226.

BACKGROUND INFORMATION: NATIONAL STUDENT POSTER CONTEST

Judging:

• Posters are judged on originality, poster design, visual appeal, and how well they convey the savings bond theme.
• State and national entries are judged by panels which include representatives from the National Education Association, state art councils, the news media, sponsoring organizations, and members of the U.S. Savings Bonds Volunteer Committee.

Where Winning Posters Are Displayed:

• The first place national winner's poster will be used for the 1999 U.S. Savings Bonds Campaign and, therefore, seen all over the country.
• The 51 first place winning state posters are on exhibit in Washington, D.C., for several months.
• Photographs of the winning posters with the artist and school's name are displayed in major airports across the United States.
• Images of the posters are shown on the Bureau of the Public Debt's savings bonds web site: www.savingsbonds.gov.

Savings Bonds Facts For Kids:

• 55 million Americans own U.S. savings bonds.
• U.S. savings bonds are the single most widely-held security in the world.
• In 1941 President Franklin D. Roosevelt bought the first Series EE savings bond launching the most successful savings campaign in American history.
• Interest earned on savings bonds is exempt from state and local income tax.
• Series EE savings bonds are available in $50, $75, $100, $200, $500, $1,000, $5,000, and $10,000 denominations.
• Savings bonds can be purchased at most banks and other financial institutions.
• Posters helped promote the sale of savings bonds from World War II and are still used today to promote savings bonds.

Endorsed by:

• The American Association of School Administrators, American Federation of Teachers, National Association of Elementary School Principals, National Education Association, and National School of Public Relations Association.
• Chevron is the national sponsor of the 1998 contest.