Fifth Third Expands Its Financial Literacy Programs
As students head back to school this fall, Fifth Third is thrilled to expand access to its popular financial literacy initiative, the Fifth Third Bank Finance Academy. This program not only teaches essential academic knowledge but also equips students with crucial financial skills that will benefit them throughout their lives.
Reaching Younger Students with Financial Education
Originally designed for high school students, the Finance Academy has now been updated to include junior high students, featuring a revamped curriculum. This change emphasizes Fifth Third's dedication to instilling financial literacy from an early age.
Special Programs for Elementary School Kids
Celebrating its 20th anniversary, the Fifth Third Young Bankers Club is back. This popular program effectively teaches young learners about fundamental financial concepts in a fun and engaging manner.
The Significance of Financial Literacy
For over twenty years, Fifth Third has led the way in offering free financial education programs. These initiatives help students understand essential ideas related to budgeting, banking, saving, investing, and entrepreneurship.
Making a Real Difference for Students
Throughout its long history, the program has seen tens of thousands of students participate, resulting in a noticeable improvement in financial literacy as shown by pre- and post-program assessments. Both the Finance Academy and Young Bankers Club are made available at no cost to schools and community groups within Fifth Third's broad operational reach.
An Engaging, Interactive Learning Experience
The Fifth Third Bank Finance Academy is structured around three thorough courses that include over 11 interactive, self-paced sessions. These courses are designed to empower high school and junior high students with the knowledge needed to earn money, manage credit wisely, and invest effectively for their future.
With an emphasis on fun, the program features games, humor, and compelling storylines to capture students' interest. This creative approach ensures that financial education is not only informative but also enjoyable.
New Features in the Finance Academy
This year, the Finance Academy has undergone significant improvements, focusing on creating a personalized learning experience. New characters and a more hands-on approach offer easier access for a wider variety of students.
Hands-On Learning Through the Young Bankers Club
The Young Bankers Club uses gamification to teach students in grades four to six about essential financial topics. Students join Maximillion Money® in an interactive adventure where they tackle real-world financial challenges.
They even take virtual trips to financial landmarks, enhancing their understanding of financial systems and fostering an exciting learning atmosphere.
A Comprehensive Digital Education Offering
Fifth Third provides a wide range of digital financial education programs tailored to various age groups:
Young Bankers Club
Targeted at students in grades four to six, this engaging program follows a curriculum spanning up to eight weeks, aligning with national education standards.
Finance Academy for Junior High
Newly designed for seventh- and eighth-graders, this five-week program adheres to the standards set by the Council for Economic Education and Jump$tart.
High School Finance Academy
This program caters to students in grades nine to twelve, extending over seven weeks while following national standards for personal finance education.
High School Entrepreneurship Course
This four-week course focuses on the key aspects of starting and running a business aimed specifically at high school students.
A Partnership for Excellence
The comprehensive programs of the Fifth Third Young Bankers Club and Finance Academy are developed in collaboration with VMG Studios, an award-winning creative agency renowned for its innovative approach to e-learning.
VMG Studios' work has received multiple accolades, including the Gold AVA Digital Award and the Telly Award for exceptional creativity in online training.
About Fifth Third Bank
Founded in 1858, Fifth Third Bank has been a leader in financial innovation. Its mission is to provide outstanding financial services that improve the lives of individuals and communities. With a commitment to ethical practices, Fifth Third not only seeks to be a top regional bank in the U.S. but also aims to be a highly valued and trusted institution for its customers.
As a nationally recognized entity operating under a federal charter, Fifth Third trades its common stock on the NASDAQ Global Select Market with the ticker symbol "FITB." The bank's website offers additional resources and information for both investors and customers.
Frequently Asked Questions
What is the Fifth Third Bank Finance Academy?
The Finance Academy is an educational program dedicated to financial literacy for students, offering free resources to schools and communities.
What age groups do these programs cater to?
The programs target elementary, junior high, and high school students.
Are these programs available for free to schools?
Absolutely! Both the Finance Academy and Young Bankers Club are offered at no cost to eligible schools and community organizations.
What financial skills do students learn?
Students gain crucial financial skills, including budgeting, saving, investing, and entrepreneurship.
What updates have recently been made to the Finance Academy?
The Academy has been revamped to create a more engaging and personalized learning experience, featuring new characters and interactive content.
