National Cooperative Bank Empowers Local Students with Web-Based Financial Literacy Program

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Hillsboro, OH  (August 6, 2014) – National Cooperative Bank (NCB), a leading financial institution is pleased to  continue  its financial literacy program for local high school for the 2014/2015 academic year.  Hillsboro, Lynchburg-Clay, Fairfield and Fayetteville-Perry high schools are currently participating in the program.  NCB will grant students access to a web-based, consumer-education aligned program powered by EverFi, for the second consecutive year. The program uniquely tracks the progress and scores of every student and provides those who successfully complete the course with Certification in Financial Literacy, a valuable mark of distinction on college applications and resumes.

Using the latest in new media technology – simulations, avatars, gaming and adaptive pathing – EverFi brings complex financial concepts to life for today’s digital generation. NCB participants dedicated more than 1,500 hours this past year to the NCB Money Matters Program. 

“NCB has made financial education a major priority,” said Deb Jones, Co-President of NCB Ohio. “We are excited to continue this program again this year at no cost to the schools. This program gives students a better understanding of how to manage their personal finances, take control of their financial future and become smart consumers and investors.”

The 10-unit course offers approximately six hours of programming aimed at a variety of relevant financial topics including credit scores, insurance, student loans, taxes, stocks, 401k’s and other critical concepts that map to state and national financial literacy standards.

The NCB Money Matters Program has proven to captivate students’ attention and help educate them on these complex financial topics. Last year, students improved their overall financial knowledge by 24%. Notably, students saw a significant increase in their knowledge regarding credit scores. NCB is proud to bring this important resource to the community again in an effort to help students become more informed, financially responsible citizens.

“We are pleased with the results of the program after the first year,” stated Ms. Jones. And we look forward to additional improvement in overall financial literacy this school year.” 

 About NCB: 

NCB is dedicated to strengthening communities nationwide through the delivery of banking and financial services for the nation's cooperatives, their members and other socially responsible organizations. Headquartered in Washington, DC, the Bank has offices in Alaska, California, New York, Ohio and Virginia. To learn more, visit www.ncb.coop, National Cooperative Bank on Facebook, or on Twitter @coopbanking.

About EverFi:

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. Some of America’s leading CEOs and venture capital firms are EverFi investors including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams, Rethink Education, New Enterprise Associates, Inc. (NEA), and Tomorrow Ventures (the investment arm of Google Chairman Eric Schmidt). Learn more at www.everfi.com.

News Source : National Cooperative Bank Empowers Local Students with Web-Based Financial Literacy Program
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