Fifth Third awards $ 130,000 technology grant to support schools and nonprofits
Fifth Third Bank announced 13 technology grants of $ 10,000 each to schools and nonprofits involved in the bank’s Young Bankers Club digital program, a financial education program for fifth-graders.
The program which was first offered in 2004 as the Fifth Third Young Bankers Club was redesigned earlier this year as a digital program for virtual or classroom learning.
It includes an eight-unit curriculum that covers budgeting, banking and payment methods, overspending and lending to others, borrowing money, jobs and income, saving and investing, as well as risk and insurance through a game format.
The program is part of Fifth Third’s LIFE program which promotes financial education. He sits alongside Fifth Third Financial Empowerment Mobile, Fifth Third Finance Academy and Fifth Third Bank Empower U. Since 2004, more than 2.6 million people have been trained through these programs.
Schools and community organizations that receive 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 North, Why We Can ‘t Wait, Nashville, Tennessee and Woodcrest Elementary School, Columbus, Ohio.
Stefanie Steward-Young, Head of Corporate Social Responsibility at Fifth Third Bank, said: “The grants will allow these organizations to purchase and integrate more tools into their study programs, which will boost technological access in the communities they serve while allowing more students to acquire valuable financial knowledge through the Young Bankers Club. “
In October, Fifth Third Bank co-launched a $ 180 million neighborhood investment program that focuses on nine predominantly black communities in seven states.