Severn Savings Bank today announced a new initiative to bring financial literacy education to high school students across Anne Arundel County by providing them with access to the EverFiTM Financial Literacy Platform. This web-based 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 EverFi platform, students will become certified in over 600 topics in financial education, allowing them to become more informed, responsible citizens. Severn has partnered with EverFi, Inc. to bring the interactive financial management program to these high school students at no cost to the schools.
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, 401k’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.
Severn Savings Bank is very active in giving back to the community in which they do business. Financial literacy is a cornerstone of the company’s beliefs. Combining financial literacy with a youth program makes its impact even greater. “We recognize the importance of financial literacy,” Alan J. Hyatt, Severn Bank President and Chief Executive Office said. “Teaching children financial fundamentals early provides a gift that will remain with them for the rest of their life along with a blueprint for future success.”