Decorah Bank providing fi-ed program to area schools
Decorah Bank & Trust Co., along with a statewide sponsorship from the Iowa College Student Aid Commission, recently announced a continued initiative to bring financial literacy education to high school students across Winneshiek County by providing them with access to the EverFiTM—Financial Literacy learning platform. 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. Through this platform, students will receive certification in hundreds of topics in personal finance, allowing them to become more informed, responsible citizens. Decorah Bank has partnered with EverFi, Inc. to bring this interactive financial management program to South Winneshiek High School, Turkey Valley High School and Rockefeller Alternative High School at no cost to the schools.
“It is more important than ever to arm young people with the skills to navigate an increasingly complex financial system,” said Decorah Bank President, Ben Grimstad. “We are excited to offer area students an innovative educational experience that uses the tools they love–digital learning and gaming–to teach this important topic.”
“I love teaching and presenting the EverFi program. It is a required course for our freshman class and a great way for my students to get hands on experience in many areas of their future financial world.” said Tammy Vrzak, Business Teacher, Turkey Valley School.
The financial literacy course offers 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 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.
“Our high school seniors just reached 100% participation! We’re ready to award completion certificates.” said South Winneshiek High School teacher, Renate Hunter.
Dawn Shattuck, Instructor of Rockefeller Alternative High School, located at NICC, states, “The interactive introduction to vocabulary and concepts through EverFi software provides a strong foundation for student learning in a number of high school courses. Rockefeller Alternative High School Program students are completing EverFi Financial Literacy Certification as a pre-requisite to Economics, Consumer Math, Personal Management, Personal Finance, and Intro to Business.”
Everfi™ CEO Tom Davidson adds, “From the small rural towns to major cities across the US, EverFi technology is transforming how students learn about money, and we are incredibly grateful for the public-private partnerships that make this possible”. He concludes, “Decorah Bank is critical to the success of the mission to ensure that these cutting-edge tools reach area students.”
Decorah Bank & Trust is an area leader in financial education outreach with a strong commitment to financial literacy to help improve the financial lives of community members of all ages.