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NEWS RELEASE

Media Contacts:

Alex Kofsky

Senior Account Executive

Rosen Group

alex@rosengrouppr.com

212.255.7541

Terry Severson

Director of Marketing

First National Bank

tseverson@fnni.com

402.602.6549

Charles Isom

Director of Communications

Nebraska State Treasurer's Office

charles.isom@nebraska.gov

402.471.8884

NEST 529 Direct and Advisor College Saving Plans Earn #1 Performance Rankings from Savingforcollege.com

Lincoln, Neb. (July 2, 2019) - Nebraska State Treasurer John Murante and First National Bank of Omaha today announced the NEST 529 Advisor and Direct Plans earned top performance scores from January 1 through March 30, 2019, according to the preeminent college savings website, Savingforcollege.com.

The NEST 529 Advisor Plan placed in the top five for one-, three- and five- year performance, and the NEST 529 Direct Plan was ranked first  for one-year performance.

This marks the seventh consecutive quarter that the NEST 529 Advisor Plan has ranked in the top 10 nationwide. The Advisor Plan earned third for maximum load for one-, three- and five-year performance, and secured first for one-year performance at net asset value, as well as top-five rankings for three- and five-year performance at net asset value.

Savingforcollege.com, a provider of college savings information and research, assessed the nation’s largest advisor plans to determine the rankings, which were derived using the average of each plan’s relevant portfolio performance in seven unique asset allocation categories: 100 percent Equity, 80 percent Equity, 60 percent Equity, 40 percent Equity, 20 percent Equity, 100 percent Fixed and 100 percent Short Term.

“Alongside the Nebraska Investment Council and NEST 529, we continuously strive to offer high-quality savings plans to individuals and families, ensuring that they have the means to maximize their savings for higher education,” said Nebraska State Treasurer John Murante. “We are tremendously proud to receive such consistent and significant rankings from Savingforcollege.com, and look forward to continuing this work.”

“The NEST 529 team is humbled to earn such strong rankings and we are proud to top the charts in one-year performance for two of our plans,” said Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha. “We remain dedicated to providing our Account Owners with the best possible savings options and setting the standard for college savings plans.”

More information is available at NEST529.com or treasurer.nebraska.gov.

About NEST 529

NEST 529 is a tax-advantaged 529 college savings plan and provides four plans to help make saving for college simple and affordable: NEST Direct College Savings Plan, NEST Advisor College Savings Plan, TD Ameritrade 529 College Savings Plan, and State Farm 529 Savings Plan. The Nebraska State Treasurer serves as Program Trustee. First National Bank of Omaha serves as Program Manager, and all investments are approved by the Nebraska Investment Council. Families nationwide are saving for college using Nebraska’s 529 College Savings Plans, which have more than 264,000 accounts, including over 85,000 in Nebraska. Visit NEST529.com and treasurer.nebraska.gov for more information.

About First National Bank of Omaha

First National Bank is a subsidiary of First National of Nebraska. First National and its affiliates have more than $23 billion in assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.

Investments Are Not FDIC Insured* · No Bank, State or Federal Guarantee · May Lose Value
*Except the Bank Savings Investment Option