When it comes to Washington Federal’s company principles, our Chairman, Roy Whitehead, often reminds colleagues of the old mantra, “A rising tide lifts all boats.”
What does this have to do with banking? At Washington Federal, we believe that providing our colleagues, clients and neighbors with education about money management will result in more households with a plan for savings, students that are more equipped to enter college or the workforce and entrepreneurs that are more prepared to start their own business.
In short, it’s our belief that education and awareness about money management will lead to better financial decision making - resulting in a healthier, more prosperous community for all of us.
Recently several of our colleagues put this into practice by volunteering at Albuquerque’s Highland High School to teach students about banking and personal finance. Washington Federal partners with EverFi to bring the Financial Scholars Program to selected schools in six states. This program provides interactive, web-based financial management courses to schools at no cost to the school or taxpayers, and provides opportunities for program sponsors to volunteer inside the classroom.
The Financial Scholars program has educated over 50,000 students to date, and Washington Federal colleagues supplement the program by volunteering in the classroom to teach everyday financial topics to students.
Nancy, our Albuquerque branch manager, recently presented the Scholars participants with graduate certificates. Nancy said, “It’s important to Washington Federal that the youth in our community are well prepared for their own futures and have a strong educational foundation to achieve their goals and really own their financial future.”
Check out the Community Support section
of the WashLine blog
to find out more about our financial literacy commitment and EverFi partnership over the years.