Five local banks have made a five-year commitment to Creston Dollars for Scholars for donations ranging from $300 to $1,000 each year.

Half of the money from each bank’s donation will go into the Creston Dollars for Scholars general fund for scholarships. For the other half, the Dollars for Scholars members will write to South Central Iowa Community Foundation for a matching grant. Then, that money will be left in its endowment.

The five banks that made the five-year commitment include First Federal Savings Bank, First National Bank, Great Western Bank, Iowa State Savings Bank and State Savings Bank.