Over 17,000 Tennessee students reached through web-based financial literacy program
Knoxville, Tennessee – July 15 2014 – Today, the Tennessee Bankers Association honored South-Doyle High School business teacher Laura McCall with a statewide “EverFi Teacher of the Year Award” for her efforts to educate local students on how to be smart with money and plan for their financial future.
In the 2013-2014 academic year, South-Doyle High School adopted the SouthEast Bank Financial Scholars Program, a web-based financial education course designed to empower young people with the essential skills needed to make sound financial decisions. SouthEast Bank has partnered with leading education technology company EverFi, Inc., to bring this interactive, web-based financial management program to more than 17,000 students across Tennessee over the past two years.
The award ceremony included remarks from SouthEast Bank President & COO Monty Montgomery, Stacey Langford of the Tennessee Bankers Association, and Knox County Teacher Laura McCall.
“This year we provided 69 schools across Tennessee with critical financial literacy education,” said SouthEast Bank’s Montgomery. “SouthEast Bank is committed to giving students the tools to build a better financial future, and we are proud to bring this innovative program to Tennessee schools. We are especially proud of the impact this program has had on students’ financial knowledge. Among students who completed the program in the 2013-2014 school year, we’ve seen an average knowledge gain of 38 percent on critical topics such as savings vehicles, credit scores, and consumer fraud.”
SouthEast Bank has partnered with EverFi, Inc., to offer the program to local students at no cost to the schools or the taxpayer. The 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. The high school course offers over six hours of programming with 10 units in a variety of financial topics including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401(k)s and other critical concepts that map to national financial literacy standards.
“It is more important than ever to arm Tennessee students with the skills to make sound financial decisions,” said Stacey Langford, Tennessee Bankers Association senior vice president of membership. “We are grateful for the teachers, principals and district officials who have made this a priority for their students and embraced public-private partnerships to ensure that students have access to high-quality financial literacy resources.”
Monty Montgomery, SouthEast Bank, Stacey Langford, Tennessee Bankers Association, Laura McCall, South-Doyle High School, Bill Thompson, SouthEast Bank
The Tennessee Bankers Association is a not-for-profit organization representing Tennessee’s commercial banks and thrifts. The association provides continuing education, develops and monitors state and federal legislative agendas, disseminates information on all facets of the financial services industry, and promotes the public image of financial institutions. Visit us at our website, www.TNBankers.org.