Kitsap Credit Union’s Financial Wellness Program Sees Big Success with Local Schools
May 5, 2020
Kitsap Credit Union, based in Bremerton, Washington, has partnered with 13 high schools in Jefferson, Kitsap, Mason, and Pierce counties to provide access to virtual financial education through its Financial Wellness program.
These online partnerships provide thousands of students the opportunity to establish a solid foundation upon which they may begin structuring their financial lives, especially amid the COVID-19 pandemic. Upon completing the program and earning a passing grade, students receive a certification.
“We are providing more than just financial education; we’re documenting behavioral change too, and it’s this combination that truly creates financial capability,” said Cathy Brorson, Outreach Coordinator for Kitsap. “As we look to the future, especially in light of the economic impact of the COVID-19 pandemic, it is even more critical for students to have a comprehensive understanding of financial concepts — saving, borrowing, budgeting, credit, and simply managing one’s personal finances.”
Quarterly results are promising. Since January, positive test scores have increased collectively by 58%. So far this year, 1,982 students have benefitted from this program, investing 7,302 hours of learning and completing 9,736 online learning modules.
“I thought this online experience was very helpful and educational,” said Taylor Edwards, a teacher at Graham-Kapowsin High School. “When I ask my students how they liked it, they say they feel more prepared for the ‘real world.’”
Especially during this time of remote learning, the Kitsap Credit Union Financial Wellness program provides continuity and stability amid a changing environment.
“Supporting education for our local youth is paramount to building community prosperity and is a core value of our credit union,” Brorson said. “We are investing in their future!”
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