U.S. Bancorp Awards Major Grant to Advance Financial Literacy Among High School Students

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California Council on Economic Education recently received funding to continue the MoneyWiseTeen program as part of U.S. Bancorp’s commitment to financial education.

Financial institutions have a positive impact on California students when they contribute to financial literacy efforts.

William Coffin, Chairman of California Council on Economic Education, recently announced such an effort with U.S. Bancorp’s major grant to support the delivery of the online, award-winning economic literacy program, MoneyWiseTeen.

California teachers use the program to help students in low-and moderate-income areas identify and make responsible decisions.

Through animated video modules, students learn the consequences of their choices, develop real-life business skills, and learn how to manage their personal finances. The program reaches hundreds of teachers and thousands of students through a combination of teacher workshops, web-based learning and contests.

“We are honored to have U.S. Bancorp as our partner in this very important program,” said Coffin. “In the aftermath of the worst financial crisis since the Great Depression, the need for teachers and students with the skills and knowledge to prosper as workers, parents, consumers, investors and citizens is more critical than ever.”

“U.S. Bank is proud to support CCEE,” said Jill McCollough, U.S. Bank Community Affairs Manager for Greater Los Angeles. “It is important to us to be a part of training teachers who make it possible for the greatest possibility of reachingw students with the vital lessons of economic and financial literacy.”

About California Council on Economic Education
For nearly a half-century, California Council on Economic Education, a nonprofit organization, has been dedicated to advancing the economic reasoning and financial literacy of Californians. CCEE prepares students to participate in the global economy by providing educational programs and materials to K–12 teachers. Information about professional development for teachers, workshops, programs and student contests can be found at http://www.ccee.org.

About US Bancorp
U.S. Bancorp is a diversified financial services holding company and the parent company of U. S. Bank National Association, the fifth-largest commercial bank in the nation. U.S. Bancorp is known for its strong financial performance, prudent risk management, quality products and services and its focus on customer service. Headquartered in Minneapolis, U.S. Bancorp was founded in 1863 and provides services to more than 17 million customers.

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