United State Bank Reaches 154 Students Through Online Financial Education Program
Two local high schools, Highland High School and Knox County High School, took advantage of an online financial literacy program sponsored by United State Bank during the 2014-15 school year. United State Bank partnered with leading education technology company EverFi, Inc., to bring an interactive, web-based financial management program to 290 students since the program's inception in 2013. In the 2014-2015 school year, the program reached 154 students.
"United State Bank is very proud of the number of students we have reached with critical financial education, as it is just one of the many indicators of our commitment to our neighboring communities," Vice President, Curt Meany said. " We are proud of these statistics and prouder yet of the students' efforts to understand important aspects of personal finance like what a credit score means and how to save for college."
The average overall knowledge gain of the United State Bank Financial Scholars Program students at Highland and Knox County High Schools was 27 percentage points according to pre- and post-assessments. Amount the valuable topics covered were financing higher education, banking, investing, renting versus owning, credit score, taxes and insurance, and consumer fraud.
"My students enjoy using EverFi," said Paul Scifres, a teacher from Highland High School. "The course is interactive, easy for them to use, and teaches them relevant content in different format."
United State Bank has partnered with EverFi, Inc. to bring the program to local students at no cost to the schools. EverFi's curricula is highlighted in the Consumer Financial Protection Bureau April report, Policy Guide for Advancing K-12 Financial Education, for its innovative approach to teaching financial education and cutting-edge technology. In 2015, United State Bank also will be sponsoring this resource for North Shelby, South Shelby, and Palmyra high schools in Northeast Missouri. United State Bank recently acquired bank branches in Palmyra and Shelbina Missouri in March 2015.
"EverFi strives to help today's generation prepare for a lifetime of difficult financial decisions", said EverFi CEO and Founder, Tom Davidson. " We are grateful for our partnership with United State Bank in Lewistown which provides the critical tools students need to be informed and responsible consumers."
EverFi, Inc. is the leading education technology company focused on teaching, assessing, and certifying K-12 and college students in the critical skills they need for life. The company teams with major corporations and foundations to provide the programs at no cost to K-12 schools. Learn more click here to watch a video on the EverFi program.