Bonneville Bank Works to Provide Financial Literacy Course to Kids
Bonneville Bank announced Tuesday it is working with Banzai, a national award-winning financial literacy program based in Provo to make Banzai’s curriculum available to seven Utah County schools for free, according to a press release.
Originally posted on heraldextra.com
Banzai is an interactive, online program supplemented by printed workbooks which aligns with state curriculum requirements for personal finance education, the press release states. According to the press release, it’s become the largest program of its kind, servicing more than 50,000 teachers an available in all 50 states.
“Kids get their own accounts, and they work through assignments that are based on real life,” Morgan Vandagriff, co-founder of Banzai, said. “But because Bonneville Bank is sponsoring it, local schools get it for free. More than ever, it’s important that kids develop sound financial skills to prepare them for the real world, and Bonneville Bank realizes that and they’re doing something about it.”
The press release states kids are given scenarios where they have to deal with unexpected expenses like parking tickets, interest charges and overdraft fees, as well as learn about things like auto loans, bank statements, entertainment costs, savings and more.
“As a community bank, we see the importance of ensuring local students learn essential financial life skills while in school,” Mike Christensen, vice president at Bonneville Bank, said. “Our staff jumped at the opportunity to partner with Banzai to bring this program to as many students in the area as possible.”
The seven Utah County schools are Orem Jr. High, Dixon Middle School, Provo Peaks Elementary, Franklin Elementary, Spring Creek Elementary, Timpanogos Elementary and Park Elementary.
Teachers interested in using the program can visit bonnevillebank.teachbanzai.com or call 888-8-BANZAI (888-822-6924).