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Admirals Bank and Neighborhood House Charter School Honor Graduates of a New Web-Based Financial Education Program

 

May 13 - Powered by EverFi technology, Admirals Bank Financial Scholars Program hosted an event today at Neighborhood House Charter School, where Admirals Bank recognized the first class of fifth-grade students to complete the program. The event included remarks from Admirals Bank Chairman and Chief Executive Officer, Nicholas W. Lazares, and the Head of the Neighborhood House Charter School Kate Scott.

“Admirals Bank is committed to supporting to the success of the Boston community,” said Admirals Bank CEO Nicholas W. Lazares. “This is why we are so proud to partner with EverFi and bring their innovative financial literacy education program to Boston-area charter schools, so that these students can learn the critical financial skills necessary for a bright future.”

The web-based learning platform uses the latest in new media technologies – video, animations, 3-D gaming, avatars, and social networking – to bring complex financial concepts to life for today’s digital generation. Through the EverFi platform, students will become certified in over 600 topics in financial education, allowing them to become more informed, responsible citizens.

“It is more important than ever to arm every Boston student with the skills to make sound financial decisions,” said Kate Scott, Head of the Neighborhood House Charter School. “The Admirals Bank Financial Scholars Program brings financial topics to life for our students, putting them in virtual situations to learn how to make responsible financial decisions.”

The web-based interactive learning platform is specifically designed to introduce financial literacy skills early in a child’s cognitive development. Course topics include saving, budgeting, responsibility and decision-making, credit and debt, careers, income, charity, and more. The course features interactive lessons, games, and story-based activities that challenge kids to make choices in real-life scenarios to best achieve important goals around saving and job planning, and the 2.5-hour curriculum aligns with both state and national standards. EverFi uniquely tracks the progress and performance of every student.

About Admirals Bank

Admirals Bank is a federally-chartered financial institution headquartered in Boston, MA with a Regional Banking Center in Providence, RI, and a Renewable Energy Lending Center in San Francisco, CA. Since 2012, Admirals Bank has focused its home improvement lending efforts in the residential solar and renewable energy industry, opening Admirals Alternatives, the Renewable Energy Lending division of Admirals Bank. Admirals Bank also remains a leading national provider of the Title I Home Improvement Loan for a variety of other home improvements. Admirals Bank also offers customers additional borrowing solutions such as Residential Mortgages. Additionally, Admirals Bank is an active acquirer of commercial real estate loans in the secondary market. Admirals introduced Bespoke Banking to the financial industry, which is individually tailored, highly customized, relationship banking, and also provides customers with classic banking options such as checking and savings accounts, which can be conveniently opened and maintained online or via a mobile device. Admirals Bank is an Equal Housing Lender and Member FDIC.

About EverFi

EverFi, Inc. is the leading education technology company focused on teaching, assessing, and certifying K-12 and college students in the critical skills they need for life. The company teams with major corporations and foundations to provide the programs at no cost to K-12 schools. Some of America’s leading CEOs and venture capital firms are EverFi investors including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams, Rethink Education, New Enterprise Associates, Inc. (NEA), and Tomorrow Ventures (the investment arm of Google Chairman Eric Schmidt). Learn more at www.everfi.com.


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