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Sunday, May 1, 2016

Bank of Thayer tries to help kids learn

Thursday, October 4, 2012

The Bank of Thayer has invested in a program to help area students learn more about financial responsibility. The program allows students to have access to an innovative online platform that uses entertaining approaches to teach them how to make smart financial choices.

The Bank of Thayer Financial Scholars program, which is powered by EverFi, uses gaming, social networking, online animations and video to shed the light on the mysteries of finance.

After completing the EverFi curriculum, students will be certified in over 600 personal finance topics, which include budgeting, saving, responsible credit card use and how to finance higher education. EverFi is a nationwide program that is credited with a 22 percent increase in students' knowledge about personal finance.

The program is available to students at Alton, Couch, Koshkonong, Mammoth Spring and Thayer High Schools. Casse Redus, a Couch high school senior, has been personally affected by the program. Redus completed it as a junior, but knows it will benefit her as she embarks on her post-high school journey. "It teaches you how to be familiar with stocks and other types of investments. I have a better grasp on the financial decisions I will have to make in the future," said Redus.

She feels it has improved her knowledge of financial terms and believes the program is something that all students should complete. Her opinion is shared by her personal finance teacher, Teresa Holder.

"The EverFi program takes some of the 'boring' out of teaching personal finance, by incorporating the latest technology to make learning fun for the students. Our students, are now called the 'digital generation,' and to teach them, you have to reach them in a different way," said Holder.

The overall response from the students has been very positive. "The students are allowed to work at their own pace, without being pressured to complete an assignment within so many minutes," Holder said.

Not only has the program been a direct benefit for the students, but also the class curriculum. Holder said, "The EverFi program reinforces and brings to life the financial concepts that I have taught them in class." Since schools are facing budget cuts and the Bank of Thayer is covering the cost of the EverFi program, it is a valuable way to give students a little something extra.

Executive Vice President Adam Courter said, "Bank of Thayer offered to fund this program for our area schools because of our strong belief that, if we can better educate the students of today, then they will become the financially responsible citizens of tomorrow." This partnership, between Bank of Thayer and the area schools, gives a boost to education that does not cost taxpayers one dollar. It provides a fail-safe environment in which the students can practice making financial decisions which will dramatically impact their lives.

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