Uplift and Enlighten: Community Financial Education
For Washington Federal, giving back to the community is a vital part of their company mission. And by teaming up with EVERFI, Washington Federal was able to create an outreach program that delivers community financial education to those who need it the most.
Individual employees play a key role in the bank’s outreach program, as they have first-hand knowledge of what the needs in their own communities are. EVERFI makes it easy for employees to volunteer by setting up visits and providing learning modules tailored to specific demographics – whether it be seniors, low-income families, or college students. As Ann Hall, vice president of community relations, puts it,”EVERFI takes care of so much, so that we can go out and do what we do best: help our community improve their financial decision making – especially with those who need it most.”
Washington Federal knows that it is also critical to reach the next generation, so EVERFI helped the bank launch the Washington Federal Financial Scholars Program, which offers online financial education programming to schools at no cost. To date, the program has reached more than 8,000 students who have completed more than 37,000 hours of training. And the work is clearly paying off – at the end of the program, students showed an average improvement of 87 percent in financial knowledge.
With the ability to provide accessible, high-quality online financial education through their partnership with EVERFI, Washington Federal now has the freedom to focus on what’s most important: helping the most vulnerable members of their communities improve their financial wellness.
To learn more about how EVERFI can help your institution create a successful and meaningful community financial education program, request a free demo.