California and Nevada Credit Union Leagues announce innovative financial education initiative
ONTARIO, CA (August 18, 2016) — The California and Nevada Credit Union Leagues has partnered with leading education technology company EverFi to bring digital financial education to 70 member-credit unions and the communities they serve. The Leagues are launching the innovative online financial wellness program to drive lasting, large-scale change to the financial capability of 10 million credit union members.
According to a 2013 Bankrate Survey on American Financial Health, three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings. And, with 62 percent of Americans having less than $1,000 in savings, there is a strong need to provide financial guidance to consumers in California, Nevada, and across the country.
“Educating our members and community is core to the credit union mission of helping improve people’s lives,” said California and Nevada Credit Union Leagues President and CEO Diana Dykstra. “The California and Nevada Credit Union Leagues are proud to offer this cutting-edge resource that will support our members’ financial capability, goals, and actions for the rest of their lives.”
The financial wellness experience is specifically designed for today’s busy adult. The mobile- and tablet-friendly platform features a series of two- to seven-minute interactive learning modules that cover key financial topics such as saving, investing, credit scores, and identity protection. The program is self-paced, and contains short quizzes and action plans that allow users to measure their knowledge gains and take positive steps toward better financial health. It is available in English and Spanish.
“As organizations founded on serving their members, credit unions have a unique position to influence the financial capability of millions of Americans,” said EverFi Co-Founder and President of Financial Education Ray Martinez, “EverFi is proud to partner with the California and Nevada Credit Union Leagues to build a better future for credit union members.”
To learn more about the program, visit canv.everfi.com
About California and Nevada Credit Union Leagues
Headquartered in Ontario, CA, the Leagues exist to help credit unions change people’s lives by supporting their operations, guidance, strategy and philosophy. Our trade association helps local credit unions in California serve their nearly 13.3 million members and those in Nevada serve 380,000 members. Credit unions are for people, not profit!
About EverFi, Inc.
EverFi, Inc. is the education technology innovator that empowers learners with the skills that prepare them to be successful in life. EverFi has built the most comprehensive critical skills platform focused on Financial Education, Digital Citizenship, STEM Career Readiness, Diversity and Inclusion, Entrepreneurship, Character Education and Health and Wellness. The EverFi Education Network is powered by over 3,300 partner organizations across all 50 states and Canada and annually reaches over 6 million learners. Learn more at everfi.com.