Local bank, Midway ISD join forces to launch innovative, Web-based financial literacy program for high school students

KWKT
Friday, August 30, 2013 - 9:07am

Central National Bank and Midway Independent School District have announced a new initiative to bring financial literacy education to Midway High School seniors—the Central National Bank Financial Scholars Program. The program will be a part of the high school’s economics curriculum, a course required for graduation.

The financial literacy program uses the EverFi ™ Financial Literacy learning platform and utilizes the latest in new media technology—simulations, avatars, gaming and adaptive-pathing—to bring complex financial concepts to life for today’s digital generation. Through this platform, students will become certified in numerous personal finance topics, allowing them to become more informed, responsible citizens. Through Central National Bank’s partnership with EverFi, Inc., the interactive financial management program is provided at no cost to the school.

“Every day, we work with a number of people and their personal finances. We believe it’s important—now more than ever—to arm our young people with the skills to navigate an increasingly complex financial system,” said Carolyn Haferkamp, president of Central National Bank’s Highway 84 banking center. “We are excited to offer students an innovative educational experience that uses the tools they are most comfortable with—digital learning and gaming—to teach this important topic.”

The 10-unit course offers approximately six hours of programming aimed at teaching, accessing and certifying students in a variety of relevant financial topics, including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401k’s and other critical concepts. 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 mark of distinction that may be used on college applications and resumes.

About Midway Independent School District:
Midway ISD is a 5A school district located in the heart of central Texas. The district includes part of the city of Waco, the neighboring communities of Woodway, Speegleville, Hewitt, plus part of McGregor, Lorena and Crawford. Midway ISD, which educates more than 7,000 students, aims to maximize individual potential within a learner-centered environment to prepare citizens who excel in a global society. For more information, visit www.midwayisd.org.

About Central National Bank:
Central National Bank was founded in Waco in 1977 as a “neighborhood bank”. After two decades of growth and posed as Waco’s Leading Independent Bank, Central National Bank expanded into Temple to serve Central Texans along the I-35 corridor. Earlier in 2013, the bank opened a fourth location in downtown Austin. With over 35 years of service and over $600 million in assets, our customers still find our friendly employees and exceptional customer service indicative of the same hometown bank atmosphere Central National Bank was founded upon. For more information, visit www.cnbwaco.com.

About EverFi:
EverFi, Inc. is a leading education technology company focused on teaching, assessing, and certifying K-12 and college students in the critical skills they need for life. The company teams with major corporations and foundations to provide the programs at no cost to K-12 schools. Some of American’s leading CEOs and venture capital firms are EverFi investors, including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams, Rethink Education, New Enterprise Associates, Inc. (NEA, and Tomorrow Ventures (the investment arm of Google Chairman Eric Schmidt). For more information, visit www.everfi.com.
 

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