ST. LOUIS, MO – February 14, 2012 – Students at Metro A&C High School in St. Louis today received certification in financial literacy after completing the Regions Bank Financial Scholars program. Regions Bank has made the program available to high schools across St. Louis as part of an initiative to make innovative financial education available to all students. This web-based program 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.
The certification event, held at Metro A&C High School in St. Louis, included remarks from Missouri State Treasurer Hon. Clint Zweifel, Comptroller of the City of St. Louis Hon. Darlene Green, License Collector of the City of St. Louis. Hon. Michael McMillan, St. Louis Public Schools Superintendent Dr. Kelvin R. Adams, and Regions Bank Area President Sally Roth.
“Financial education is a major priority for Regions Bank,” said Regions Area President Sally Roth. “We are extremely pleased to bring this program at no cost to the St. Louis City Schools. It is our belief that students need a better understanding of how to manage their personal finances, take control of their financial future and become smart consumers and investors.”
"Creating financially equipped citizens is critical to the economic wellbeing of Missouri,” said Missouri State Treasurer Hon. Clint Zweifel. “The partnership between Regions and St. Louis Public Schools represents a smart approach in which we are able to provide students with critical life skills. These skills protect them as growing consumers and help them succeed professionally.”
Regions has partnered with EverFi, Inc. to bring this interactive financial management program to every high school in St. Louis, including Carnahan High School of the Future, Cleveland NJROTC Academy, Roosevelt High School – SLPS, Soldan International Studies High School, Sumner High School, and McKinley Classical Leadership Academy. The 10-unit course offers 6 hours of programming aimed at teaching, assessing and certifying students in a variety of financial topics including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401k’s and other critical concepts that map to national financial literacy standards. The EverFi curriculum is part of the half-semester course on Personal Finance required by the state of Missouri.
"Regions is taking financial education to the next level, using next-generation technology to engage students and speak to them in a language that they really understand,” said EverFi CEO Tom Davidson. “Every student who graduates from a St. Louis high school will have access to this program. It’s financial education at scale."
Regions Bank is also teaming up with EverFi to deliver an adult-facing financial literacy program to its banking customers. EverFi@Work™ focuses on the issues that matter most to today’s adult consumer – savings, investing, mortgages, insurance, taxes, overdraft, and financing higher education. The 1.5-hour program combines the power of cutting-edge instructional design and interactive activities to empower adults with the skill-set to successfully manage their finances.
About Regions Financial Corporation
Regions Financial Corporation, with $130 billion in assets, is a member of the S&P 500 Index and one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, asset management, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,800 banking offices and 2,100 ATMs.
About EverFi, Inc.
EverFi, Inc. is the leading education technology company to teach, assess, and certify students in critical skills. EverFi’s education learning platforms include Financial Literacy, Student Loan Management, Digital Literacy, Cyberbullying, and Alcohol Abuse Awareness. The company uses the latest technology, including rich media, high-definition video, simulation, diagrams, and avatars. EverFi teams with major corporations and foundations to provide the programs at no cost to K-12 schools.