“At First Security, we are trying to change those statistics by providing financial literacy education to high school students in our local communities,” says Penny Gray, Marketing Manager. “To help in that endeavor, we have partnered with EverFi, the nation’s leading education technology company.”
EverFi’s web-based course uses video, animations, 3-D gaming, avatars and social networking to bring financial concepts to life for today’s digital generation. Course curriculum aligns with both state and national financial literacy standards.
Nationally, students experienced a 39% increase in their knowledge of credit scores after completing the EverFi curriculum based on post-assessment data collected from more than half a million high school students. Currently, First Security’s Common Cent$ program reaches over 924 students in 16 schools. Students take the course as a required part of their curriculum. The eight-hour program covers key financial topics such as saving and budgeting, financing higher education, identity protection, credit scores, and more. First Security employees also volunteer in the classroom throughout the school year to reinforce the importance of using credit wisely and help students understand the impact that poor credit can have on future financial goals.
“Common Cent$ has had a big impact on students’ knowledge, attitudes, and behaviors,” commented Kurt Herbrechtsmeyer, President/CEO of First Security. According to pre- and post-assessment surveys, students’ knowledge of key financial topics rose by 40%. “We’re incredibly proud to be spurring this kind of change and helping teach the next generation of students these valuable skills!”
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