Metro Credit Union Announces Participation in the EVERFI National Financial Bee
April 23, 2020
A new challenge, taking place during Financial Literacy Month, equips students with money management skills and encourages remote learning while social distancing
CHELSEA, MA – April 23, 2020 – Metro Credit Union, Massachusetts’ largest state-chartered credit union, today announced its gold-level sponsorship of the EVERFI National Financial Bee. The National Financial Bee is a first-of-its-kind nationwide financial literacy challenge for students in 7th-10th grade and is open to Metro Credit Union customers and the community from April 20-30, 2020.
As families across the country are struggling to balance work, childcare, and homeschooling amidst widespread school closures driven by the COVID-19 pandemic, the National Financial Bee provides an opportunity for students to have some fun and learn critical financial concepts at home while social distancing.
The five-day challenge, created by social impact education innovator EVERFI, and supported by leading financial institutions nationwide, features a short daily digital lesson and capstone essay contest in which students will share a financial dream of theirs and how they plan to get there. Winners of the National Financial Bee will receive a total of $20,000 in college scholarships. Students have until May 8 to submit their essays.
“At Metro Credit Union, it is our mission to help guide people toward making better financial decisions; part of that is to begin preparing for a strong financial future when you are young,” said Robert Cashman, President and CEO. “We are proud to be a part of EVERFI’s initiative to encourage young people to embrace financial literacy early on, and hope that participating brings a bit of enjoyment to their days during this challenging time.”
During each day of the challenge, participating students will gain new skills to create a personalized financial decision-making framework that they can apply to their lives now and in the future. Topics include spending and saving, credit and debt, employment and income, investing, and insurance.
“Across the country, families are facing unprecedented uncertainties and challenges. Parents are dealing with the loss of income or are adjusting to working from home, while students are trying to continue their studies outside of the classroom,” said Ray Martinez, founder, and president, EVERFI. “We’ve always been committed to helping students increase their financial literacy, and during this historic time we are also working to help parents feel secure—and help students stay engaged. The National Financial Bee is a fun way for students to compete with their peers while social distancing.”
In addition to supporting the National Financial Bee, Metro Credit Union works with EVERFI to provide financial wellness programs and tools that help people of all ages better manage their money today and prepare for secure financial futures.
To learn more about the National Financial Bee, or to register to participate, visit https://metrocu.everfi-next.net/welcome/national-financial-bee.
About Metro Credit Union
Metro Credit Union is the largest state-chartered credit union in Massachusetts, with $2.0 billion in assets. Metro provides a full range of financial products to more than 225,000 members in Essex, Middlesex, Suffolk, Norfolk, Plymouth, Barnstable, Bristol and Worcester counties in Massachusetts, and Rockingham and Hillsborough counties in New Hampshire, as well as to employees of over 1,200 companies through its Metro@work program.
Founded in 1926, Metro currently operates 14 branch offices in Boston, Burlington, Chelsea, Framingham, Lawrence, Lynn, Melrose, Newton, Peabody, Salem, and Tewksbury. Metro is also a
Juntos Avanzamos (“Together We Advance”) designated credit union, an honor given to financial institutions for their commitment to serving and empowering Hispanic and immigrant consumers.
Learn more at MetroCU.org.
About EVERFI, Inc.
EVERFI is an international technology company driving social change through education to address the most challenging issues affecting society ranging from financial wellness to prescription drug safety to workplace conduct and other critical topics. Founded in 2008, EVERFI is fueled by its Software-as-a-Service (SaaS) community engagement platform and has reached more than 41 million learners globally. Recognized as one of the World's Most Innovative Companies by Fast Company in 2020, EVERFI powers community engagement in a sustained manner to empower individuals and organizations to make an impact within their communities. The Company also convenesNetworks to bring together financial institutions, colleges, and universities, and some of the largest corporations to leverage insights and connections to drive impact. Some of America's leading CEOs and venture capital firms are EVERFI investors including Amazon founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, as well as Advance, Rethink Education and Rethink Impact. To learn more about EVERFI visiteverfi.com or follow us onFacebook,Instagram,LinkedIn, orTwitter @EVERFI.