Capital One Bank and Junior Achievement Help Local Students Learn Financial Literacy Skills
Capital One and Junior Achievement Partnership Teaches Practical Money Skills; Has Served More than 250,000 Students in the United States
Novemnber 14, 2013 /3BL Media/ - Capital One Financial Corporation and Junior Achievement of Southern Nevada are bringing Capital One/Junior Achievement Finance Park, an innovative mobile financial education program, to Las Vegas. The program, which runs Nov. 14 to Dec. 13, will be hosted in the Library District building across from Cashman Field. The program will help thousands of eighth grade students across the Clark County School District—the fifth largest school district in the nation—learn critical money management skills such as budgeting and saving.
Capital One/Junior Achievement Finance Park is a state-of-the-art mobile facility where students are assigned a fictional life situation, with marital status, children, a job and salary. They are then challenged to create and successfully use a budget—making decisions around saving, spending, investing and philanthropic giving. In other words, they are making the financial decisions and trade-offs their families face daily in the real world.
“Students are better prepared to succeed as adults when they have an understanding of the short- and long-term impact of educational, financial and life-style decisions,” said Alan Diskin, President of Junior Achievement of Southern Nevada. “Teaching students basic, practical money-management skills as part of an experiential financial education program like Capital One/Junior Achievement Finance Park, will give students the valuable insight needed to develop a stronger financial management skill set earlier in their lives.”
The students’ experience begins with JA Finance Park®, which provides them with four weeks of in-class, teacher-led personal finance instruction. The experience culminates in an exciting visit to Capital One/Junior Achievement Finance Park. The reality-based simulation is key to giving students the opportunity to put their new money-management skills to the test.
“Helping to put individuals of all ages on the path of fiscal responsibility and economic self-reliance is a priority for Capital One because we believe that financial literacy and money management skills are crucial building blocks for economic success,” said Paul Keagle, Vice President of Operations at Capital One in Las Vegas. “By investing in programs like Capital One/Junior Achievement Finance Park, we are helping to provide students with a financial literacy experience that is substantive, engaging and fun.”
Since partnering in 2006, Capital One and Junior Achievement have provided financial literacy skills to more than 250,000 students around the country. More than 150 Capital One associates will mentor Clark County students, helping them develop and stick to budgets based on their fictional life situation.
Capital One and Junior Achievement also recently created a virtual version of the program, available for schools in partnership with Junior Achievement, and available online for free to anyone with internet access. To experience JA Finance Park Virtual, visit: http://financepark.ja.org.
The Capital One/Junior Achievement Finance Park mobile facility will host the Capital One Mobile Finance Park EXPERIENCE, a public open house, in early December 2013. To schedule a tour, or request more information, please contact the Junior Achievement of Southern Nevada offices at 702-214-0500 or visit www.jalasvegas.org.
About Junior Achievement of Southern Nevada
Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, JA reaches four million students per year in 123 markets across the United States, with an additional six million students served by operations in 119 other countries worldwide. Visit www.juniorachievement.org for more information. Locally, Junior Achievement of Southern Nevada reaches approximately 15,000 students annually throughout Clark County. Since being founded in 1996, Junior Achievement in Las Vegas has impacted nearly 200,000 students with practical hands on financial literacy curriculum. For more information, visit www.jalasvegas.org.
About Capital One
Capital One Financial Corporation, headquartered in McLean, Virginia, is a Fortune 500 company with approximately 1,000 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia. Its subsidiaries, Capital One, N.A. and Capital One Bank (USA), N. A., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We apply the same principles of innovation, collaboration and empowerment in our commitment to our communities across the country that we do in our business. We recognize that helping to build strong and healthy communities - good places to work, good places to do business and good places to raise families - benefits us all and we are proud to support this and other community initiatives.
Contacts:
Shelley Solheim (917) 589-6203 shelley.solheim@capitalone.com
Jodi Manzella (702) 214-0502 jodi.manzella@ja.org
