Brookfield, Wis. – North Shore Bank today announced that 50 schools across the state will now have access to expanded resources through the community bank’s financial literacy program. North Shore Bank significantly increased its financial support of the initiative, quadrupling the number of schools that can participate, as the program has shown significant upticks in student financial literacy. From the 2020-2021 school year so far, average test scores have already increased by 12% in the schools North Shore Bank has supported to date.
This expanded initiative stems from North Shore Bank’s long-term partnership with the Banzai Financial Education Program which provides financial literacy curriculum to schools across the nation. Wisconsin students participating in the North Shore Bank program focus on banking, budgeting, credit and general finance using educational software that provides a complete personal finance supplemental unit and real-world examples as learning tools. Currently as part of the expansion launch, classrooms also monetarily benefit as for every student who completes the online course, North Shore Bank donates five dollars towards that classroom’s necessities. A full list of participating schools can be found here.
“This year, especially, we learned that managing money and budgeting for unforeseen circumstances is crucial, so we’re thrilled to be increasing our commitment so more students can begin learning these basics at an early age,” said Susan T. Doyle, senior vice president of retail banking at North Shore Bank. “We’ve seen the direct impact these resources have on schoolwork, and we know the impact is even greater as the students become older – financial literacy is important at every age.”
In a related effort to expand financial literacy services for all, North Shore Bank has also created a financial wellness portal offering customers and community members crucial financial literacy resources on a variety of topics, including budgeting, borrowing, insurance, retirement, life changes, investing and more. These resources can be found at https://northshorebank.learnbanzai.com/.
North Shore Bank, headquartered in Brookfield, has assets of $2.5 billion and 46 offices throughout eastern Wisconsin and northern Illinois. Wisconsin locations are in metro Milwaukee, Germantown, Ozaukee County, Racine, Kenosha, Appleton, Menasha, Green Bay and surrounding areas, Burlington, Union Grove, Muskego, and Door County. Locate a North Shore Bank office. You can also connect with the bank on LinkedIn, Facebook, Twitter, Pinterest, and Instagram.