Suffolk Federal Announces Free Innovative Financial Literacy Program
Suffolk Federal is offering a free powerful resource to bring financial literacy to adult learners with their online financial education tool. The credit union’s Financial Empowerment: Online Workshop enables individuals of all levels to develop strong financial skill-sets to successfully take control of and manage their finances in an effective manner. Participation is open to the public so you do not need to be a member of Suffolk Federal to take advantage of this innovative program. If you happen to be a new Suffolk Federal member however, completion of the program provides a cash-back incentive.
Developed by EverFi, an independent, leading education technology company, this exciting online workshop features comprehensive, cutting-edge technology that incorporates video, animations, gaming and social networking to effectively teach complex financial concepts in a simple format. “With today’s economic environment, we feel it is important to have access to tools and resources, such as the Financial Empowerment: Online Workshop, to sharpen vital financial skills necessary to navigate an increasingly complex system,” explains Ralph D. Spencer Jr., President & CEO of Suffolk Federal. “Providing this free financial literacy workshop is another way Suffolk Federal can support our community so our residents and business owners can reach their financial goals.”
The Financial Empowerment: Online Workshop learning experience is specifically designed for today’s busy adult. The mobile- and tablet-friendly platform features a series of 10-minute learning modules that cover such essential topics as Savings & Investments, Building Emergency Savings, Auto Loans, Overdraft, Mobile Payments, Payment Types & Credit Cards, Credit Scores & Reports, Insurance & Taxes, Identity Protection, Mortgages, 529 Savings Plans and Retirement Planning. The program is self-paced and contains knowledge checks that allow users to measure their accomplishments on an ongoing basis.
Suffolk Federal has also brought Everfi’s award-winning Financial Literacy program technology to local Long Island High Schools, providing students with access to a cutting-edge curriculum that will enable them to become certified in Financial Literacy. This program provides students with a strong platform to become financially literate adults and also serves as a valuable distinction which sets the student apart when competing for job opportunities or when filling out college applications.
To learn more about Suffolk Federal’s financial literacy programs, visit www.suffolkfcu.org/financial-literacy-program today.
About Suffolk Federal
Suffolk Federal is a not-for-profit cooperative financial institution chartered in 1967 by the National Credit Union Administration (NCUA), and is owned and operated by its members. The volunteer-directed credit union, with assets in excess of $1 billion, offers membership to anyone who lives, works, worships, attends school or regularly conducts business in Suffolk County NY. Suffolk Federal offers all members incredible benefits like free checking, free online banking, low interest rates on home and auto loans and much more. To learn more, visit www.suffolkfcu.org, call 631.924.8000 or visit any Suffolk Federal branch today.
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.