Four area schools taking financial literacy to the next level Getting ready for the real world Decorah & Cresco – August 14, 2017 – As the back-to-school date approaches, many of today’s younger consumers are likely gearing up to spend money, yet among U.S. adults ages 18-34, just over half are paying bills on time. Furthermore, 44% of high school students report that they don’t know what a credit score measures, according to a recent study conducted by the Consumer Federation of America. We want to help change these numbers. Decorah Bank and Cresco Bank is trying to change those statistics at a local level by providing financial literacy education to our Decorah, South Winneshiek, and Turkey Valley High School students and our Crestwood Middle School students. To help in that endeavor, we have partnered with EverFi, the nation’s leading education technology company. To date, EverFi’s financial literacy programs have helped 209 area students, equating to 1,260 hours of learning in these four schools. The eight-hour program per student covers key financial topics such as saving and budgeting, financing higher education, identity protection, credit scores, and more through web-based courses that use video, 3-D gaming, avatars, and social networking to bring financial concepts to life. Course curriculum aligns with both the state of Iowa and national financial literacy standards. According to pre-and post-assessment surveys, students’ knowledge of the primary financial topics rose by an average of 49%. We’re excited to be supporting this kind of change and helping teach the next generation of adults.