EagleBank Empowers High School Students to Make Informed Financial Decisions Through Innovative Web-Based Program
19 November 2012 - 12:00PM
EagleBank today announced a new initiative to bring financial
literacy education to high school students across Washington, D.C.
by providing them with access to the EverFiTM—Financial Literacy
learning platform. This web-based program uses the latest in new
media technology – Level 4 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. EagleBank has partnered with EverFi, Inc. to bring
the interactive financial management program to these high school
students at no cost to three schools in the
district: Anacostia Senior High School, Perry Street Prep
Public Charter School, and the Capitol Hill campus of Cesar Chavez
Public Charter School for Public Policy.
"As a local community bank serving the Washington DC Metro Area,
we are excited about another opportunity to be involved with our
community… and, in particular, with a program that promotes basic
financial education for local students. Too often, the
lessons of personal money management, budgeting, saving and good
credit practices are learned too late. To influence and
introduce this group of students to the importance of using
money and credit wisely will serve them well for a
lifetime. We are proud to partner with EverFi to
bring this exciting program to these schools," commented
Thomas D. Murphy, EagleBank's President of Community Banking.
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'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.
"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. "EagleBank
is critical to the success of our mission to ensure that these
cutting-edge tools reach all communities."
About Eagle Bancorp, Inc. and EagleBank
Eagle Bancorp, Inc. is the holding company for EagleBank, which
commenced operations in 1998. The Bank is headquartered in
Bethesda, Maryland, and conducts full service banking services
through seventeen offices, located in Montgomery County, Maryland,
Washington, D.C. and Northern Virginia. The company focuses
on building relationships with businesses, professionals and
individuals in its marketplace.
The EagleBank logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6102
About EverFi
EverFi is the leading education technology platform company to
teach, assess, and certify students in critical skills including
Financial Literacy, Student Loan Management, Digital Literacy, and
Health and Wellness. The company is powering a national
movement in 50 states that enables students to learn using the
latest technology, including rich media, gaming, high-definition
video, and simulations. EverFi teams with major corporations and
foundations to provide the programs at no cost to schools. To
date, more than 4 million students have completed EverFi learning
platforms. Learn more at www.everfi.com.
The EverFi logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=15835
CONTACT: Thomas D. Murphy
240.497.2042
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