PenFed Credit Union and EVERFI Host Financial Literacy Event for San Juan High School Students as Part of "Tu Dinero, Tu Sueño" Program
PenFed Credit Union, in partnership with EVERFI, hosted a financial literacy event for over 2,200 students in Puerto Rico, focusing on 11th and 12th graders at Saint John's School. The event culminated in the 'Tu Dinero, Tu Sueño' program, aimed at enhancing financial education. PenFed's commitment includes providing access to essential financial knowledge at no cost and awarding scholarships totaling $1,250. This initiative is part of PenFed's broader strategy to invest in Puerto Rico's youth, with over $8 million allocated since Hurricane Maria's impact in 2017.
- Over 2,200 students benefited from the financial literacy program in Puerto Rico.
- PenFed awarded $1,250 in scholarships to students recognized for their efforts.
- Continued investment of over $8 million in Puerto Rico's recovery and youth development since Hurricane Maria.
- None.
PenFed continues to invest in the future of Puerto Rico by providing financial education to over 2,200 public and private school students
TYSONS, Va., March 17, 2022 /PRNewswire/ -- PenFed Credit Union and EVERFI today hosted an interactive learning event focused on improving financial literacy for 11th and 12th grade students at Saint John's School in San Juan, Puerto Rico. The students recently completed the "Tu Dinero, Tu Sueño" ("Your Money, Your Dreams") program, a scalable digital financial education curriculum provided by PenFed through a strategic partnership with EVERFI, a leading education technology innovator.
"PenFed believes the best way to serve Puerto Rico is to help the next generation realize its financial goals," said PenFed Executive Vice President of Operations Jamie Gayton. "We remain committed to investing in the development of Puerto Rico's young future leaders and are grateful for the support of EVERFI and Saint John's School as we promote financial literacy and encourage students to create a brighter future for themselves and their communities."
PenFed and EVERFI have had a strategic partnership for the past three years to bring critical financial education technology at no cost to over 2,200 public and private K-12 school students in 23 schools across Puerto Rico. PenFed provides access to EVERFI's proven curriculum teaching them how to make smart financial decisions and achieve success in life. The curriculum teaches students about savings and checking, building and maintaining healthy credit, planning for major purchases, investing and retirement and funding higher education.
Community volunteers, including PenFed financial center managers, participated in a "speed networking" activity with 70 students who recently completed the EVERFI financial education curriculum. During the activity, students had the opportunity to ask PenFed and community volunteers questions as part of small group conversations tying back to the critical skills taught in the curriculum.
The students were joined by Puerto Rico Department of Education Chief Academic Officer Dr. Guillermo Lopez. Junior Achievement of Puerto Rico Chairman of the Board Cristian Hernandez and Executive Director Kaysa Ramos were also in attendance.
Following these activities, PenFed announced two students were awarded a scholarship in the amount of
"It was an honor to learn from and recognize the incredibly talented students and teachers at the Saint John's School. These students will leave high school better prepared to understand the realities of managing their finances and on track for true financial capability," said Ray Martinez, president and co-founder, EVERFI. "PenFed Credit Union and its employees are committed to supporting financial responsibility in all of their communities. Today's event is a perfect example of how our strategic partnership is building greater financial capability with young learners, helping them establish savings accounts, and providing access to college scholarships. Congratulations to the Saint John's School and PenFed Credit Union for helping to change the trajectory of a student's life."
PenFed currently serves members in Puerto Rico with financial centers in San Juan, Hatillo, Ponce and on the United States Army Garrison Fort Buchanan. PenFed has had a presence on the island for over 15 years and plans to open a Bilingual Service Center in Guaynabo this year.
Since the devastation of Hurricane Maria in 2017, PenFed has invested more than
About PenFed Credit Union
Established in 1935, Pentagon Federal Credit Union (PenFed) is America's second-largest federal credit union, serving 2.7 million members worldwide with
About EVERFI, Inc.
EVERFI, a Blackbaud (NASDAQ: BLKB) company, is an international technology company driving social impact through education to address the most challenging issues affecting society ranging from financial wellness to mental health to workplace conduct and other critical topics. Founded in 2008, EVERFI's Impact-as-a-ServiceTM solution and digital educational content have reached more than 45 million learners globally. In 2020, the company was recognized as one of the World's Most Innovative Companies by Fast Company and was featured on Fortune Magazine's Impact 20 List. The company was also named to the 2021 GSV EdTech 150, a list of the most transformative growth companies in digital learning. Blackbaud, the world's leading cloud software company powering social good, acquired EVERFI in December of 2021. To learn more about EVERFI please visit everfi.com or follow us on Facebook, Instagram, LinkedIn, or Twitter @EVERFI.
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SOURCE PenFed Credit Union
