Together with EVERFI, a leading education technology company, 1st Advantage Federal Credit Union provided a digital-based financial education program to 2,659 students for a total of 12,904 hours of learning across 12 local schools.
According to Jessica Dawson of 1st Advantage, one of the dozen schools the bank had partnered with was Gloucester High School. The program enabled students to practice and develop healthy financial habits through real-world scenarios and engaging educational interactions. The program was provided at no financial cost to the school or students.
Prior to the start of the program, students took a financial education assessment. At the end of the program, another assessment was given and showed that students had increased their scores by 55 percent. The students saw the most gains in the areas of credit and debt, insurance and budgeting.
Headquartered in Yorktown, 1st Advantage operates 14 branches in southeastern Virginia and parts of North Carolina,...
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