Spencer Savings Bank Recognizes Elmwood Park Memorial High School Students for Completion of Financial Literacy Program

– Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., continued its sponsorship of EverFi Inc.’s Financial Scholars program, a leading web-based, financial literacy program, in Elmwood Park Memorial High School to help foster local students’ educational growth,  and hosted an award ceremony on May 15, 2013, to recognize the second group of 60 students to graduate from the program.

The program consists of ten web-based modules that make use of the latest in new media technologies, including video, animations, 3-D gaming, avatars, and social networking, to bring complex financial concepts to life for today’s digital generation. Topics covered in the comprehensive program include credit scores, insurance, credit cards, taxes, investing, savings, 401Ks, and mortgages. The purpose of the program is to give students the ability to apply their learning of important and relevant topics in safe, virtual environments, to weigh the consequences of their choices and practice good decision making before facing these issues in their daily lives.

Spencer Savings Bank sponsored this financial literacy program for Elmwood Park Memorial High School, integrating the program into the school’s curriculum twice within the school year for different groups of students.  Following the initial group of 60 students who completed the program in January 2013, the second group of 60 students recently completed the program in May 2013, and participated in an award ceremony Spencer Savings Bank held on Wednesday, May 15, 2013. The ceremony included brief testimonials from students about their individual experiences, and the presentation of certificates to each student who completed the program, in recognition of their achievement. A number of Spencer Savings Bank’s employees attended the ceremony, including Janel Bazih, AVP and Marketing Manager; Elizabeth Miazga, Elmwood Park Branch Manager; and Anita Guerrero, Marketing Assistant at Spencer Savings Bank. 

“As a bank with strong community roots, we’re proud to partner with local schools and sponsor EverFi Inc.’s innovative financial literacy program to empower students to make knowledgeable, financial decisions,” said Elizabeth Miazga, Branch Manager for Spencer Savings Bank’s Elmwood Park Branch. “Financial literacy is such an important part of a successful future, and we’re proud to help educate the future leaders of our communities, as they go on to pursue their chosen career paths.”

Spencer Savings Bank proudly sponsors EverFi Inc.’s Financial Literacy Program in a total of five towns, with over 500 participating students. To date, a total of 230 students have completed the program and have received certification.

For more information on the program and the bank’s other community service activities, or to learn more about Spencer Savings Bank, please visit www.spencersavings.com.

About Spencer Savings Bank

Spencer Savings Bank, headquartered in Elmwood Park, New Jersey, is a community bank that has been serving its local communities with integrity and pride for over 70 years.  The Bank, serving consumers and businesses, operates 19 branches throughout Northern New Jersey.  Spencer Savings Bank has over $1.8 billion in total assets.

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.