Elmwood Park, N.J. (January 28, 2014) – Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., continued its sponsorship of EverFi Inc.’s Financial Scholars program, a leading web-based, financial literacy program, for Elmwood Park Memorial High School. The program is designed to foster educational growth and prepare local students with the information and skills they need to make smart financial decisions. Spencer Savings Banks hosted a presentation and award ceremony on January 16, 2014, to recognize the first group of 85 students to graduate from the program this year.
EverFi’s program consists of ten web-based modules that make use of the latest in new media technologies, including video, animations, 3-D gaming, avatars, and social networking, to bring complex financial concepts to life for today’s digital generation. Topics covered in the comprehensive program include credit scores, insurance, credit cards, taxes, investing, savings, 401Ks, and mortgages. The purpose of the program is to give students the ability to apply their learning of important and relevant topics in safe, virtual environments, to weigh the consequences of their choices and practice good decision-making before facing these issues in their daily lives.
The award ceremony held by the Bank on Thursday, January 16, 2014 included brief testimonials from students about their individual experiences, and the presentation of certificates to each student who completed the program, in recognition of their achievement. Spencer Savings Bank’s employees, Janel Bazih, AVP and Marketing Manager, Elizabeth Miazga, Elmwood Park Branch Manager and Anita Guerrero, Marketing Assistant, discussed the importance of receiving financial education at a young age and provided refreshments and treats to reward the students.
“The juniors and seniors of Elmwood Park Memorial High School are gearing up to enroll in higher education institutions or enter the workforce, making the fundamental concepts taught in this program essential for each of them, no matter what their chosen career path may be,” said Elizabeth Miazga, Branch Manager for Spencer Savings Bank’s Elmwood Park Branch. “EverFi’s courses are helping the students of our community set the path for a financially successful future.”
Spencer Savings Bank proudly sponsors EverFi Inc.’s Financial Literacy Program in a total of five schools. For more information on the program and the bank’s other community service activities, or to learn more about Spencer Savings Bank, please visit www.spencersavings.com.
About Spencer Savings Bank
Spencer Savings Bank, headquartered in Elmwood Park, New Jersey, is a community bank that has been serving its local communities with integrity and pride for over 70 years. The Bank, serving consumers and businesses, operates 19 branches throughout Northern New Jersey. Spencer Savings Bank has over $1.8 billion in total assets.
About EverFi, Inc.
EverFi, Inc. is the leading education technology company to teach, assess, and certify students in critical skills. EverFi’s education learning platforms include Financial Literacy, Student Loan Management, Digital Literacy, Cyberbullying, and Alcohol Abuse Awareness. The company uses the latest technology, including rich media, high-definition video, simulation, diagrams, and avatars. EverFi teams with major corporations and foundations to provide the programs at no cost to K-12 schools.