First United has made the EverFi financial education program possible for students in its communities. This year, 1,977 students have received EverFi courses in 41 schools in Oklahoma and Texas. First United partnered with EverFi to bring the interactive financial education program to these students at no cost to the schools.
The EverFi learning platform is a web-based program that uses the latest technology –simulations, avatars, gaming and adaptive-pathing that adapts material to the student – to bring complex financial concepts to life for today’s digital generation. The 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, 401ks and other critical concepts for financial literacy. The platform tracks the progress and score of every student and provides students who successfully complete the course with Certification in Financial Literacy.
“Helping others Spend Life Wisely isn’t just a promise, it’s an action. Making good financial decisions is crucial to a happy, successful life, but it’s not something we have traditionally learned in school,” said Greg Massey, CEO of First United. “That’s where EverFi comes in. Financial strain is a leading cause of divorce and stress, and we hope to head this trauma off by providing the next generation with the knowledge to make sound financial decisions.”
Submitted by First United Bank.