Arsenal
Credit Union
(Arnold, MO) is helping to bring financial literacy education to students at McCluer North High School in the Ferguson-Florissant School District this semester.
Almost 300 juniors and seniors are utilizing the EverFi™ Financial Literacy – Understanding Money learning platform provided by Arsenal. 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.
Harvey Love is one of three teachers at McCluer North who has incorporated the program into his curriculum. "As business educators we have a responsibility to equip students with the skills necessary for the 21
st
-century workforce and for them to become fully productive citizens within society,” Love said. “Financial literacy is a vital component for our students' future successes. We are honored that Arsenal Credit Union has chosen to sponsor an effective, engaging and resourceful financial literacy program that provides our students with foundational skills they will need for the rest of their lives."
Arsenal has partnered with EverFi, Inc., to bring the interactive financial management program to these high school students at no cost to the school. Three more local high schools will be sponsored by Arsenal in the coming 2016-17 school year.
“It is more important than ever to arm young people with the skills to navigate an increasingly complex financial system,” said Jenny Remes, a certified educator in personal finance at Arsenal Credit Union who has given a total of 220 classroom presentations to 3,474 students in the St. Louis metro area since 2013. “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.”
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, 401k plans 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 resumés. Plus, each student who completes the program will receive $25 from Arsenal to establish a savings account at the credit union.
“From the small rural towns to major cities across the United States, 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. “Arsenal Credit Union is critical to the success of our mission to ensure that these cutting-edge tools reach all communities.”
To complement this program, Remes gave presentations to students in seven different classes at McCluer North in April, which was national Financial Literacy Month.
A
bout Arsenal Credit Union
Helping individuals and small businesses with their financial needs is what Arsenal Credit Union is all about. The credit union is focused on providing superior service, offering competitive rates, providing tremendous convenience, educating consumers about personal finance and bettering the communities in which it operates. For more information, visit ArsenalCU.org and GetGruntledNOW.com.
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 Everfi.com.
