SAN JOSE, Calif.–PremierOne Credit Union is among the sponsors of the EVERFI National Financial Bee, taking place April 20-24, 2020. The National Financial Bee is a first-of-its-kind nationwide financial literacy challenge for students in 7th-10th grade.
“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 credit union said.
The five-day challenge, created by social impact education solution provider EVERFI, 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.
"PremierOne Credit Union is a strong advocate of financial education, and we are excited to part of the EVERFI National Financial Bee," said PremierOne Credit Union Vice President of Marketing Janice Johnson. “This is a very challenging time for parents and students. To be able to provide additional educational tools along with the opportunity to win a scholarship is something we are very pleased to provide.”
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, the credit union said.
“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 of EVERFI. “We’ve always been committed to helping students increase their financial literacy, and during this historical 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, PremierOne Credit Union works with EVERFI to provide adult financial education to help consumers navigate financial uncertainty and plan for the future.