MBA Bankers: Partners in their Communities
Since the MBA's beginning in 1889, the Minnesota Bankers Association and its members have been providing much more than reliable financial services and sound fiscal advice; they are vital partners in their communities. The MBA and its members work with national, state and community programs that offer everything from scholarships to low-interest loans. Efforts are focused on economic & community development and consumer & youth education.
The Minnesota Bankers Association has partnered with EverFi, the nation's leading financial literacy software company, to bring an interactive web-based personal finance course to local students that can be private labeled and branded by your bank. EverFi provides an opportunity for Minnesota banks to enhance their existing financial education initiatives and deliver the latest technology to local high schools, colleges, middle schools and direct to customers through a private-labeled program that teaches, assesses and certifies students in hundreds of topics in personal finance.
We encourage you to set up a brief demo to learn more about the EverFi platform and how it can help your bank meet marketing and customer acquisition goals. In short, EverFi can help you connect with new customers, boost marketing and social responsibility efforts, and generate press wins – all in a way that benefits the communities and families that you serve.
- Leverage branded financial education to build familiarity with the bank
- Access to EverFi Account Manager who manages outreach to schools
- Maximize visibility in your community by private-labeling a program that can scale to thousands of young adults
- Create a powerful program that demonstrates community investment
- Build valuable relationships with future customers and their parents in an exclusive way
EverFi is currently partnered with close to 300 financial institutions across the country with 90% of its programs being sponsored by local community banks. Banks private label EverFi's web-based curriculum and work with EverFi to place it in your school's curriculum or provides it direct to adult customers from the bank's website.
Please contact Tim Wiedeman from EverFi at firstname.lastname@example.org or 303-548-6773. Tim would be happy to provide you with a demo of the program and answer any questions you may have.
Each year, BestPrep's Minnesota Business Venture (MBV) program partners with the MBA and teaches high school students business, financial literacy, entrepreneurship and career direction. Students learn from business professionals, who help facilitate and mentor the students. Numerous guest speakers and volunteers share their expertise with the students in areas such as marketing, insurance, writing a business plan, job interviews and credit scores.
MBV partners with college campuses, allowing students to envision college life. Each student who attends MBV is granted a sponsorship to attend. Multiple MBA member banks provide sponsorships for students each summer.
Information about BestPrep's Minnesota Business Venture can also be found at www.bestprep.org.
The Minnesota Council on Economic Education (MCEE) provides Minnesotans with the economic and personal financial understanding they need to function effectively in a complex, global environment.
MCEE accomplishes its mission by developing and conducting teacher and community education programs. These programs provide comprehensive economic education to educators and encourage and reinforce their efforts to bring economic understanding to Minnesota’s young people. MCEE also develops and disseminate high quality economic curriculum materials and provides curricula and teaching exercises to teachers that augment existing curricula and instructional objectives.
Banks may sponsor a teacher professional development in personal finance and economics.
This free museum is a great classroom field trip experience while also teaching about financial responsibility, making purchasing decisions, and how money and currency works. The museum will tailor the teaching to the grade level and learning curriculum. Located in downtown Minneapolis, the museum hosts thousands of school children each year. Self-guided tours are also welcome. Contact: Megan Schaack, email@example.com; 612-667-4210.
- How to Talk to Your Kids About Money
- My Savings Book & Journal
Fun facts about money, Banks and how to save!
- Double Your Money
Lesson plan and materials for grades 3-8. Students will estimate and calculate the sum of very large numbers as well as understand the concept of exponential growth.
- Hands on Banking – Grades 4 & 5
A free printable lesson guide. Students in grades 4 and 5 are introduced to money, and the concept that money is earned and used to buy things. Students are also introduced to the basic purposes of banks and banking.
- Make Your Own Bank
A craft project that provides elementary students with a template to make their own savings place. The template can be used in combination with a small box such as a tissue box. Template squares ask students to identify a savings goal, an amount that they need to save, and begin saving!
- The 360 Degrees of Financial Literacy website offers general information for managing personal finances.
State and National Programs