Meriwest Credit Union today announced a new initiative to bring financial literacy education to local high school students by providing them with access to the EverFi™ — Financial Literacy/ Vault™ — Understanding Money learning platform. This web-based program uses the latest in new media technology –simulations, avatars, gaming and adaptive-pathing – to bring complex financial concepts to life for today’s digital generation. Through this platform, students will become certified in hundreds of topics in personal finance, allowing them to become more informed, responsible citizens. Meriwest has partnered with EverFi, Inc. to bring the interactive financial management program to these high/elementary school students at no cost to the school(s).
EverFi™ — Financial Literacy is a 10-unit course offers approximately six hours of programming aimed at teaching, assessing and certifying students in a variety of relevant financial topics including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401k’s and other critical concepts that map to national financial literacy standards. The platform uniquely tracks the progress and score of every student and provides students who successfully complete the course with Certification in Financial Literacy, a valuable mark of distinction on college applications and resumes.
EverFi’s Vault™ — Understanding Money is an interactive, new-media learning platform specifically designed to introduce financial literacy skills early in a child’s cognitive development. Course topics include saving, budgeting, responsibility and decision-making, credit and debt, careers, income, charity, and more. The course features interactive lessons, games, and story-based activities that challenge kids to make choices in real-life scenarios to best achieve important goals around saving and job planning. The 2.5-hour curriculum aligns with both state and national standards.
“We are excited to offer students an innovative educational experience that uses the tools they love — digital learning and gaming — to teach this important topic,” said Tony Cortez, Meriwest SVP and Chief Experience Officer. “If this program provides students with a good experience towards understanding and grasping financial literacy, then we will have accomplished our goal.”
“From the small rural towns to major cities across the US, EverFi technology is literally transforming how students learn, and we are incredibly grateful for the public-private partnerships that make this possible,” said EverFi CEO Tom Davidson. “Meriwest Credit Union is critical to the success of our mission to ensure that these cutting-edge tools reach all communities.”
About Meriwest Credit Union:
Meriwest Credit Union, one of Silicon Valley’s largest and most established financial institutions, has been providing proactive, personal, convenient and innovative financial services to over 77,000 businesses and families throughout the San Francisco Bay Area and Tucson, Arizona, since 1961. More information can be found at www.meriwest.com.
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.