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Wednesday, March 8, 2023
Stoneham (Mar 2023) -- StonehamBank is excited to announce a new financial literacy education program to students and residents in Essex, Middlesex and Suffolk counties. Students at 11 schools and the surrounding communities have free access to Banzai, an award-winning online program and content library that allows users to practice real-world finance from their home or classroom using any internet-enabled device. At a time when a solid foundation of practical financial knowledge is critical, these resources will make a huge impact on users.

Through the Banzai online courses, individuals try out managing a budget, saving for a goal, and dealing with unexpected financial pitfalls. Teachers are able to easily monitor and grade student progress remotely. Other resources, which include articles, calculators, and personalized coaching sessions, explaining everything from the basics of filing your taxes to how health insurance works. These resources are available at stonehambank.teachbanzai.com/wellness.

“Thanks to StonehamBank, area students will now have access to a wide array of courses and resources designed to help prepare them for our increasingly complex world,” says Morgan Vandagriff, co-founder of Banzai. “We wouldn't be able to provide these tools without their support.”

StonehamBank is working with Banzai to build financial literacy in their communities by investing time, money, industry experience, and a variety of bank resources. Now, they’re taking their commitment to education a step further. Through their help, students have access to Banzai learning tools, virtual or in-classroom presentations from a StonehamBank expert, and even class visits to a branch to see it all in person.

“We are excited to partner with Banzai,” says Senior Vice President, Chief Risk Management Officer, CRA/Fair Lending Officer, Gregory M. D'Antona. “A major piece of our community reinvestment is facilitating financial literacy activities, and with Banzai, we’re now able to offer a free, online program for everyone from youngsters to adults.  We especially look forward to continuing our financial literacy work with community schools, using Banzai to educate students (and their families) .”

Banzai resources are used by over 100,000 teachers across the U.S. These educational tools align with Massachusetts’ state curriculum requirements, making the program a fun way for students to gain vital skills and an ideal way for anyone in the community to increase their financial literacy. After finishing the Banzai courses, users will know how to track where their money is and what it’s for, recognize financial trade-offs and plan for a financially sound future.
Teachers interested in using Banzai can visit stonehambank.teachbanzai.com or
call 888-8-BANZAI.

ABOUT STONEhamBank
StonehamBank is a full-service community bank offering state of the art products and services to residents and businesses throughout eastern Massachusetts and southern New Hampshire. In addition to providing progressive products and convenience services, StonehamBank believes in making a difference in the community through its Community Involvement Program and Charitable Foundation. Member FDIC. Member DIF.  Equal Housing Lender. For more information on StonehamBank, please visit www.stonehambank.com or call directly at 888-402-2265.

For more information about Banzai visit banzai.org

 

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