Lynn Public Schools, Metro Credit Union & Centerboard to develop Innovative Financial Literacy Pilot Program

State Grants Providing  Funding Support For Three-Year Implementation

CHELSEA, Mass. (May 22, 2013) – Metro Credit Union, which is poised to become the  Commonwealth’s largest state-chartered credit union, today announced it is  collaborating with Lynn Public Schools and Centerboard, a non-profit  organization focused on the revitalization of Lynn, Massachusetts, to develop  and pilot what it expects to be an innovative financial literacy  program.    The program,  which is being funded through a grant awarded by the offices of Massachusetts  Treasurer Steven Grossman and Elementary & Secondary Education Commissioner  Mitchell Chester, will be implemented at Lynn High School during the 2013-14  school year.   “With the rapid  advancements of technology and the increased sophistication of personal finance  and money management, it is critical that today’s students leave high school  ready to apply personal financial literacy concepts easily and effectively,”  said Charlene Bauer, Metro CU’s senior vice president of Community Relations and  Business Development. “The Metro CU team that will partner with the Lynn Public  Schools and Centrerboard is excited to develop a learning platform that can not  only be easily be replicated in other high schools, but which can also benefit  adult citizens in a lifelong learning setting.”   The Financial  Literacy Pilot Program is a three-year initiative designed to help 10 “Gateway  City” school districts equip high school students with the knowledge and skills  necessary to make critical decisions about personal finances. The ultimate goal  of the program is for the students to become empowered, self-supporting members  of their communities.  

About Centerboard

Centerboard, a nonprofit organization  focused on the revitalization of Lynn, Massachusetts, is a strong, sustainable  catalyst for change and development, focusing work on creating opportunities for  residents and businesses while building community. Centerboard envisions Lynn as  an urban center, which supports the entire region through a creative economy  with safe and stable housing, jobs and schools for all residents. 

Learn more about Centerboard at  www.TheCenterboard.org.