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ParkeBank is now offering depositors an opportunity to save as much as $44,075 off the cost of a four-year college degree! Through our new partnership with Philadelphia-based SAGE Scholars, ParkeBank is now making College Tuition Rewards available to all depositors. Just for being our customer, you now have the opportunity to earn Tuition Reward Points, similar to frequent flyer miles, which can be redeemed as tuition discounts at 289 participating private four-year colleges & universities in 45 states. There is no fee to participate in this unique rewards program. Tuition Rewards is now the nation's largest private college savings vehicle. The earlier that ParkeBank customers enroll, the more points toward tuition you will accumulate. A registered student can receive points from multiple family members - parents, grandparents, aunts & uncles. This is a great reason to recommend ParkeBank to the rest of your family! How Are Points Earned? Upon enrollment, ParkeBank clients receive Tuition Reward "points" based on their consumer checking, savings and certificate of deposit accounts balances. Rewards are issued quarterly at a rate of 1.25% of account balances. For example, on a $10,000 CD, you would earn 500 Points per year. These Reward Points accumulate year after year and can be used to reduce the tuition costs at participating colleges and universities. As your ParkeBank relationship grows, so do your Tuition Rewards.