West Gate Bank Empowers High School Students to Make Informed Financial Decisions Through Innovative Web-Based Program
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March 30, 2019
April is Financial Literacy month, making it the perfect time to reflect on the landscape of financial wellness and how West Gate Bank is moving the needle in Lincoln Public Schools.
Through a partnership with education technology company, EVERFI, West Gate Bank sponsors the online, interactive financial education courses in the EVERFI—Financial Literacy learning platform offered to students in Lincoln high schools. Currently, in the 2018-19 school year, the program is offered in all six Lincoln Public Schools high schools, reaching approximately 2,400 students.
“Learning about saving and borrowing in high school prepares a young person for success later in life,” said Doug Carey, Executive Vice President, Retail Banking. “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.”
To celebrate Financial Literacy month, West Gate Bank is giving away a free piggy bank when a new savings account is opened for a child during the month of April. Visit our website at westgate.bank for details.
Through the web-based course, students are immersed in real-life financial scenarios and documentation. Each of the course modules allows students to move at their own pace, providing bite-sized instructional animations that make the topics approachable and relatable. Complicated processes—like buying a car or filing out the FAFSA form—are broken down for the student in an easy-to-understand way. Additional topics include understanding a pay stub, savings and investing, and banking basics.
“It’s imperative that today’s students are better prepared for their financial futures, and we’re grateful to our many private-sector partners that have stepped up to be part of the solution,” said EVERFI Co-founder and CEO, Tom Davidson.
About EVERFI
EVERFI is the leading education technology company that provides learners of all ages education for the real world through innovative and scalable digital learning. EVERFI powers community focused financial education for 750 financial institutions across the country. Founded in 2008, EVERFI is fueled by its Software-as-a-Service (SaaS) subscription model and has certified over 19 million learners in critical skill areas. Some of America’s leading CEOs and venture capital firms are EVERFI investors including Amazon founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, TPG Growth, The Rise Fund, Advance Publications, and Rethink Education, and Rethink Impact. The EVERFI Education Network powers more than 4,300 partners in their education initiatives across all 50 states and Canada. Learn more at www.everfi.com.
About West Gate Bank
West Gate Bank® is a family-owned community bank with 10 locations in Lincoln and Omaha. West Gate Bank is large enough to serve all your personal or commercial banking needs yet small enough to provide the outstanding personal service that only a community bank can deliver. At West Gate Bank, our interest is you! Visit westgate.bank for more information.