today announced a new initiative to bring financial literacy education to Lincoln-Way High School students by providing them with access to the "LincolnWay Community Bank Money Matter$ Financial Scholars Program."
This web-based financial literacy program uses the latest in new media technologies - video, animations, 3-D gaming, avatars, and social networking - to bring complex financial concepts to life for today's digital generation.
Through the platform, students become certified in over 600 topics in financial education, allowing them to become more informed, responsible citizens. LincolnWay Community Bank has partnered with EverFi, Inc. to bring the financial management program to Lincoln-Way High School students at no cost to the school.
The 10-unit course offers 6 hours of programming aimed at teaching, assessing and certifying students in a variety of financial topics including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401(k)s and other critical concepts that map to national financial literacy standards.
The platform uniquely 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.
Financial literacy is a problem across the nation. Mark Stevens, President of LincolnWay Community Bank, explains "Being a community bnak in today's economic environment, we are more aware than ever of the importance of financial responsibility. It is important to us to equip these students with the fundamentals to make sound financial decisions, now and in the future. We are very excited to be able to offer such a valuable program to the students at not cost to the school."
As students graduate and move into adulthood they are bombarded with offers and opportunities to increase their debt. The goal is to make sure they understand what that means and what the consequences of indulging in the temptation of credit can be. In high school, before they venture off to college, is the ideal time to teach them about good vs. bad financial decisions. This program does just that.
ABOUT LINCOLNWAY COMMUNITY BANK - Established in 2005, LincolnWay Community Bank is a locally owned and operated community bank with nearly 300 shareholders. The Bank is very involved in community events and supports numerous community organizations including the New Lenox, Mokena & Frankfort Chambers of Commerce, Lincoln-Way High School Foundation, New Lenox School District 122, New Lenox Park District and several youth sports leagues to name a few. LincolnWay Community Bank offers a variety of consumer and business accounts and services, including commercial lending and residential mortgages. For more information visit www.LWCBank.com or call 815/462-4300.
