National Cooperative Bank (NCB) has awarded Whiteoak High School a $2,000 technology grant for having the highest percentage of students complete the NCB Money Matters education program.
NCB’s partnership with leading education technology company EverFi, Inc., has brought an interactive, web-based financial program to over 1,286 students since the program’s inception in 2013. In the 2016-17 academic year, 254 students were reached among the five local high schools that participate in NCB’s Money Matters Program.
“NCB is proud to have empowered so many students with the essential skills needed to make sound financial decisions. It’s a testament to our investment in the local community,” said Deb Jones, NCB co-president, Ohio Region. “It is crucial that our younger generation understand important aspects of personal finance and this program equips them with the knowledge needed to successfully navigate the increasingly complex financial world we live in.”
NCB also awards a $1,000 scholarship to a graduating senior at each of the schools that participate in the program.
“Helping students and adults develop a foundation of financial understanding and capability is absolutely critical,” said EverFi Founder and CEO Tom Davidson. “We are grateful for our partnership with NCB who is tackling this issue head on and taking positive steps to prepare young people with the critical financial management skills needed to be savvy, responsible consumers.”
Submitted by Heather Cummings, vice president, marketing communications manager, National Cooperative Bank.