Hiway Federal Credit Union steps up financial literacy commitment by sponsoring new curriculum in St. Paul, Woodbury schools
ST. PAUL, MN (February 28, 2019) — Hiway Federal Credit Union® (Hiway) has announced a new initiative to bring financial literacy education to local elementary and high school students by providing them with access to an interactive learning curriculum, created by industry leaderEverFiTM.
This web-based program, called Accelerate: Financial Wellness from Hiway, uses the latest in new media technology – including simulations, avatars, gaming and adaptive-pathing – to bring complex financial concepts to life for today’s digital generation. Through this platform, students will become knowledgeable in hundreds of topics in personal finance, putting them on the right path toward a stronger adulthood. Through Hiway’s sponsorship, the curriculum is provided at no cost to the schools.
Currently, Hiway operates four in-school branches at Como, Harding, Highland and Johnson high schools. This new initiative enhances Hiway’s existing collaboration with the St. Paul Public Schools, and, with the addition of South Washington County Public Schools, grows its reach into the east metro.
“We’ve long been committed to improving financial literacy among youth in our communities,” said Dave Boden, Hiway President/CEO. “This partnership is one more way we’re doing that, and we’re excited to offer students this innovative educational experience that will equip them to make smarter choices as adults.”
“We are proud of and grateful for our long-standing partnership with Hiway Federal Credit Union,” says Dr. Joe Gothard, Superintendent of Saint Paul Public Schools. “This new program aligns well with our strategic plan, SPPS Achieves, which helps students plan for college, career and life.”
The coursescover a variety of relevant financial topics including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401Ks 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.
“From the small rural towns to major cities across the US, EverFi technology is literally transforming how students learn, and we are incredibly grateful for the public-private partnerships that make this possible,” said EverFi CEO Tom Davidson. “Hiway is critical to the success of our mission to ensure that these cutting-edge toolsreach all communities.”
About Hiway Credit Union
Hiway Credit Union was founded in 1931 to serve the employees of the Minnesota Highway Department. Today, Hiway serves an expanded member base, with over 80,000 members in Minnesota and nationwide, registers $1.7 billion in assets and welcomes new membership from individuals and small businesses. Hiway offers its members unparalleled service and value “on the road of life” through lower loan rates, higher savings rates and fewer and lower fees. Hiway also operates four high school branches at Como, Harding, Highland and Johnson High Schools in St. Paul. For more information about Hiway, visit hiway.org.