TTCU partners with Zogo, an app that takes an innovative approach to teaching about money
TULSA, OK (July 19, 2021) — TTCU Federal Credit Union has partnered with Zogo, a leading financial technology company, to bring Zogo’s app to Oklahoma.
“Zogo turns financial learning into a game and rewards users with gift cards for learning about financial topics,” said TTCU Vice President of Marketing Donita Quesnel. “It’s an exciting new approach to helping people learn about personal finance so they can make good decisions about money.”
The app, which was developed by a group of Duke University students, guides teens and adults through 300+ bite-sized financial educational modules. As users successfully answer questions, they will accumulate points that they can redeem for gift cards and other rewards.
Eighty-four percent of teens say they look to their parents for information about money, according to a study by Junior Achievement. However, parents often feel unprepared to play this role. In a survey by EVERFI, only 43 percent of parents felt they were “well prepared” for money conversations. As an alternative, T. Rowe Price reports that 3 out of 4 parents think financial apps are a good way to teach about financial matters.
“Growing up, we didn’t have good experiences learning about personal finance,” added Bolun Li, CEO and co-founder of Zogo. “With Zogo, we wanted to create a financial education experience our peers would actually use. We are excited to partner with TTCU Federal Credit Union to bring this vision to life.”
The Zogo app is now available to both members and non-members of TTCU Federal Credit Union at no cost at both the Apple App Store and Google Play Store.
About TTCU Federal Credit Union
TTCU is the second-largest credit union in Oklahoma with eighteen branches; six in Tulsa, two in Broken Arrow, one in Oklahoma City, Bixby, Claremore, Jenks, Miami, Muskogee, Owasso, Sapulpa, Sand Springs and Tahlequah. Established in 1934, TTCU Federal Credit Union is a $2.3 billion credit union serving more than 140,000 members who are educationally affiliated, including students and their families as well as hundreds of Select Employee Groups in NE Oklahoma with a full complement of depository, lending and financial advisory services. TTCU is federally insured by the NCUA