For more information:
Andrew K. Johnson
Communications Manager/GreenPath Financial Wellness
GreenPath Financial Wellness Announces National Winner of "Banking Is" Student Survey
Alabama teen wins iPod touch after participating in classroom personal finance program
Fast fact: GreenPath’s “Banking Is” program, launched in 1969, is a learning system designed to provide schools with a comprehensive, yet flexible, program to help students learn money management skills. It provides students with an understanding of basic banking activities, financial decision making, and management of their personal finances.
FARMINGTON HILLS, MI (March 5, 2012) - GreenPath Financial Wellness, a nationwide non-profit financial organization, providing consumers with financial education in housing, debt management and bankruptcy concerns, recently named Jacob Herring of Piedmont, Alabama, the winner of the 2011 Banking Is Financial Literacy Classroom Survey.
“I enjoyed taking the Banking Is class,” said Herring, who attends Piedmont High School and won an iPod Touch. He said the iPod will be an asset, as he enters the United States Marine Corps in August. High school students from across the United States participated in the 2011 Banking Is Student Survey.
GreenPath’s “Banking Is” program, launched in 1969, is a learning system designed to provide schools with a comprehensive, yet flexible, program to help students learn money management skills. It provides students with an understanding of basic banking activities, financial decision making, and management of their personal finances.
“Many states and schools are realizing the importance of financial education and require it as part of their curriculum,” said Banking Is Program Coordinator Sherry Williams.
The program, offered in middle schools and high schools across the United States, is sponsored by local financial institutions. These sponsorships allow the financial institutions to promote financial literacy and demonstrate support of youth education in their communities.
According to Jim Smallwood, senior vice-president of Farmers & Merchants bank in Piedmont, Alabama, “We are proud to sponsor the Banking Is program at Piedmont High School and are very pleased that one of our students won.” Farmers & Merchants Bank is a Banking Is program provider and sponsor to Piedmont High School for almost three decades.
About Banking Is
The “Banking Is” program is designed to be taught in five (5) classroom periods and covers the topics of: Introduction to Economics, Personal Budgeting, Checking, Savings, Lending, Credit/Credit cards and Electronic Banking. Students learn from a workbook, video DVD, and computer program. For more information about the Banking Is program, please contact Sherry Williams, Banking Is program coordinator, at 304-487-8876. Teachers interested in learning more about the program can visit www.learntobank.com.
GreenPath Financial Wellness is a nationwide, non-profit financial organization that assists consumers with credit card debt, housing debt and bankruptcy concerns. Their customized services and attainable solutions have been helping people achieve their financial goals since 1961. Headquartered in Farmington Hills, Michigan, GreenPath operates more than 55 branch offices in Michigan, New York, New Hampshire, Colorado, Florida, Texas, Vermont, Illinois, Indiana, Wisconsin, Arizona and Wyoming. GreenPath also delivers licensed services throughout the United States over the Internet and telephone. GreenPath is a member of the National Foundation for Credit Counseling (NFCC) and is accredited by the Council on Accreditation (COA). For more information, visit www.greenpath.org.