5 Financial Lit Programs That Get an ‘A’ (video)
Experts say the need for financial education has never been greater. A recent study funded by the National Endowment for Financial Education and other research has shown that many teachers and parents are not equipped to teach financial education to children.
NEFE High School Financial Planning Program
For more than 25 years, the Denver-based National Endowment for Financial Education, in partnership with CUNA and other non-profit organizations, has helped to educate about a half million students annually in every state in the U.S. and on numerous U.S. military bases around the world.
Through its award-winning High School Financial Planning Program, NEFE provides financial education curriculum, including classroom materials and lesson plans, which credit unions can utilize to teach workshops and provide to local educators at no cost.
For this school year, TLC will train about 400 students to serve as tellers, branch managers and other positions, said Barb Rupley, the credit union’s youth financial literacy manager.
Popcorn, candy and money management tips are an unusual mix in a movie theatre, but they seem to be a recipe for financial literacy success for Carter Federal Credit Union in Springhill, La.
Using a $25,000 grant from the National Credit Union Foundation in Madison, Wis., the $220 million credit union partnered with a local studio to film several financial literacy videos that have been shown in a local theatre before feature movies.
PremierOne Virtual Credit Zone
In recognition of its Credit Zone program that began last year, the $334 million, 25,000-member PremierOne Credit Union in San Jose, Calif., recently received a $1,000 grant from NerdWallet, a personal finance analysis site, as a winner of its 2013 Gen Y Credit Union Contest.