Radius Bank Receives Financial Capability Innovation Award from EVERFI and The Financial Capability Network
WASHINGTON (PRWEB) May 30, 2018 -- Radius Bank, an industry-leading virtual bank focused on providing clients with banking solutions to better their financial health, has been named a winner of the 2018 Financial Capability Innovation Award. Presented by the nation’s leading technology innovator, EVERFI, Inc., the award recognizes Radius Bank’s significant efforts to improve the financial capability of Americans through unique digital learning initiatives.
“We are thrilled to receive this award as recognition of our longstanding commitment to empowering our clients in their personal finance journeys,” said Michael Butler, President and Chief Executive Officer of Radius Bank. “By combining today’s top-of-the-line technology with our personalized tools and the EVERFI education platform, we can provide clients with meaningful resources to learn, grow and manage their wealth, all in an easily understandable and accessible format.”
Honorees were selected based on a set of criteria that included the scale and reach of their financial education initiatives, the duration of their commitment, and unique employee volunteering activities that supplement their programs.
“Each year, we honor institutions that are truly dedicated to going above and beyond in service to their communities,” said Ray Martinez, President of Financial Education at EVERFI. “The Financial Capability Innovation Awards have given us the opportunity to share and celebrate the tremendous investment these institutions are making and continue to make in the communities where they live, work and serve. For EVERFI, our time here reminds us just how critical the role innovation continues to play in empowering Americans to pursue economic opportunity and achieve financial security for themselves, their families and their community.”
Radius Bank is committed to providing clients with the skills and knowledge needed to successfully navigate the increasingly complex financial world we live in. Radius Bank first partnered with EVERFI in the spring of 2017 to bring the web-based Money Management Academy to all clients. The program uses the latest in simulation and gaming technologies to bring complex financial concepts to life for today’s digital generation. There are currently over six hours of courses available, spanning a variety of financial topics including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401k’s and other critical concepts that map to national financial literacy standards.
About Radius Bank
With assets of approximately $1.1 billion, Radius Bank is a forward-thinking community bank offering a full complement of leading-edge personal and business products and services. The Bank serves consumers, small and middle market businesses, unions, government entities and non-profit organizations as its core clients. The Bank’s award-winning virtual banking platform allows clients to bank from anywhere with a computer or mobile device. Convenient features like check deposit, bill pay, person-to-person (P2P) payments and card management are all available to personal clients, with advanced treasury management and loan payments solutions available for business clients. Radius also partners with innovative fintech companies including mobile payments leader LevelUp, online investment firm Aspiration, and online marketplace lender Prosper to provide additional valuable services to its client base. Radius Bank is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender. For further information, visit the Bank's website at http://www.radiusbank.com, or follow the Bank on Twitter, LinkedIn, Facebook, and Instagram.
About EVERFI
EVERFI, Inc. is the education technology innovator that empowers K-12, higher education, and adult learners with the skills needed to be successful in life. The company teams with major corporations and foundations to provide the programs at no cost to K-12 schools. Some of America’s leading CEOs and venture capital firms are EVERFI investors including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams, and Google Chairman Eric Schmidt. Learn more at everfi.com.
Sarah Sturba, Matter Communications, +1 (401) 432-6503, [email protected]
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