Today, EverFi, Inc., the nation’s leading education technology innovator, convened industry leaders from across the country for the Financial Capability Innovation Awards to celebrate and honor organizations dedicated to improving financial capability in their communities. The day-long event was widely attended by industry leaders and financial institutions. It also included a keynote address from former two-term Governor of Oklahoma Frank Keating. Throughout the day attendees and honorees shared personal stories and experiences that have inspired their work in the communities they serve.
“Each year, we travel to the birthplace of the American financial system to honor institutions that are truly dedicated to going above and beyond in service to their communities,” said Ray Martinez, EverFi President of Financial Education. “The Financial Capability Innovation Awards have given us the opportunity to share and celebrate the tremendous investment these institutions are making and continue to make in the communities where they live, work, and serve. For EverFi, our time here reminds us just how critical the role innovation continues to play in empowering Americans to pursue economic opportunity and achieve financial security for themselves, their families, and their community.”
Frank Keating, member of EverFi’s Advisory Board and former CEO of the American Bankers Association (ABA), delivered the keynote address. Attendees also heard from Thea Garon, Senior Manager at the Center for Financial Services Innovation, who spoke about the importance of measuring financial health; Jane Viau, a school teacher in Harlem that teaches financial education along with other dynamic speakers. The event was widely attended by representatives from banks, credit unions, and other financial institutions that came from states across the country including California, Montana, Alabama, Massachusetts, and Indiana.
Award categories included:
The Community Award, given to select institutions that used innovation and technology to reach communities that struggle with financial capability;
The Leadership Award, given to select institutions that displayed exemplary leadership and investment for financial education and capability;
The Impact Award, given to select institutions whose efforts and programs resulted in significant and measurable impact in terms of building financial capability.
This month EverFi, announced the launch of the Financial Capability Network (FCN), a coalition of over 750 financial institutions who are committed to improving the financial capability of their consumers and communities. EverFi is in a unique position to convene leading financial institutions and gather best practices informing how to reach and educate consumers in a meaningful way. The founding members of the Financial Capability Network are dedicated to improving the financial lives of all consumers through sharing of best practices, creating innovative technologies that increase reach and results, and jointly starting to solve some of the biggest issues that face our world.
Senior Director of Corporate Communications