Fifth Third Provides $130,000 in Technology Grants To Boost Access at Young Bankers Club Schools
03 Novembre 2021 - 2:04PM
Business Wire
Fifth Third Bank, National Association, today announced 13
technology grants of $10,000 each to schools and nonprofit
organizations that have active engagement with the Bank’s new
digital Young Bankers Club program, its signature financial
education program for fifth-grade students.
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the full release here:
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Fifth Third Bank and its Young Bankers
Club presented a $10,000 "check" to Brilliant Detroit to increase
technology access and resources on Oct. 30, 2021. (Photo: Business
Wire)
First offered in 2004, the Fifth Third Young Bankers Club was
redesigned earlier this year as a digital program to deliver an
accommodating experience for virtual or classroom learning. It is
compatible with multiple platforms, including laptops and desktop
computers, and mobile devices, including tablets. It is offered to
schools and community organizations at no cost, and easy
registration is available at www.53.com/ybc.
“We are thrilled to be able to make funds available to community
schools and groups who have students actively engaged in our
digital YBC program,” said Stefanie Steward-Young, chief corporate
social responsibility officer for Fifth Third Bank. “The grants
will enable these organizations to purchase and incorporate more
tools into their educational curriculums, which will boost
technological access in the communities they serve while enabling
more students to gain valuable financial knowledge through the
Young Bankers Club.”
Schools and/or community organizations receiving grants
include:
- Brilliant Detroit, Detroit.
- Burton Middle School, Grand Rapids, Michigan.
- Christel House Academy, Indianapolis.
- Florence Nightingale Elementary School, Chicago.
- Frederick Douglass Community Association, Toledo, Ohio.
- Girls Emerging Into Maturity, Dayton, Ohio.
- Legends Academy, Orlando, Florida.
- Lockheed Elementary School, Marietta, Georgia.
- Ninth District Elementary School, Covington, Kentucky.
- The Phe’be Foundation, Cleveland, Ohio.
- Walnut Creek Elementary School, Raleigh, North Carolina.
- Why We Can’t Wait, Nashville, Tennessee.
- Woodcrest Elementary School, Columbus, Ohio.
The new Young Bankers Club® digital format features a
comprehensive curriculum that meets national and state educational
standards for fifth-grade mathematics. Each lesson in the
eight-unit curriculum, which is presented through a game, provides
a unique, engaging approach to financial literacy that helps
students apply their knowledge gradually as they work toward more
complex scenarios. The program incorporates different facets of
banking, while clearly identifying relevant math standards within
each unit and outlining what students should know and how to use
the information.
The most innovative feature in the digital format is the
introduction of the 10-year-old character Maximillion Money™, the
president of Young Bankers Club® and the richest kid in America.
Maximillion Money guides the participants and his friends on a
journey that takes them to the New York Stock Exchange, the U.S.
Mint, other financial industry landmarks and to a Fifth Third
financial center. Students discover hidden clues, win rewards and
badges, unlock avatars, advance to new levels and adventures each
week, take weekly trivia quizzes to test their knowledge and
challenge themselves to be first on the class leaderboard.
Each lesson represents a level that focuses on one of the
following aspects of personal finance:
- Budgeting.
- Banking and payment methods.
- Overspending and lending to others.
- Borrowing money.
- Jobs and income.
- Saving and investing.
- Protect your money – risk and insurance.
Young Bankers Club® is part of Fifth Third’s L.I.F.E. (Lives
Improved Through Financial Empowerment®) program, which delivers
financial learning opportunities to people at all ages and stages
of life. In addition to Young Bankers Club®, the L.I.F.E.® programs
include the Fifth Third Financial Empowerment Mobile, the Fifth
Third Finance Academy and Fifth Third Bank Empower U®. Since 2004,
more than 2.6 million people have been educated through these
programs. More about Young Bankers Club program is available at
www.53.com/ybc.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio, and the indirect parent company
of Fifth Third Bank, National Association, a federally chartered
institution. As of Sept. 30, 2021, the Company had $208 billion in
assets and operates 1,100 full-service Banking Centers, and 2,336
Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan,
Illinois, Florida, Tennessee, West Virginia, Georgia, North
Carolina and South Carolina. In total, Fifth Third provides its
customers with access to approximately 52,000 fee-free ATMs across
the United States. Fifth Third operates four main businesses:
Commercial Banking, Branch Banking, Consumer Lending, and Wealth
& Asset Management. Fifth Third is among the largest money
managers in the Midwest and, as of Sept. 30, 2021, had $541 billion
in assets under care, of which it managed $61 billion for
individuals, corporations and not-for-profit organizations through
its Trust and Registered Investment Advisory businesses. Investor
information and press releases can be viewed at www.53.com. Fifth
Third’s common stock is traded on the NASDAQ® Global Select Market
under the symbol “FITB.”
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version on businesswire.com: https://www.businesswire.com/news/home/20211103005738/en/
Stacie Haas (Media Relations) Stacie.Haas@53.com |
513-534-5113
Mike Faillo (Investor Relations) Michael.Faillo@53.com |
513-534-0478
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