During National Financial Literacy Month in April, TCF receives its
third consecutive financial education award for providing innovative
financial education to teens and adults
WAYZATA, Minn. -- (Business Wire)
TCF Financial Corporation (TCF) today will be honored with its third,
consecutive Innovation in Financial Education Award presented by Nasdaq
and EverFi. The award, presented during National Financial Literacy
Month at Nasdaq Marketsite in New York City, recognizes TCF’s
significant efforts to improve the financial capability of Americans
through its TCF Financial Scholars Program for teens and TCF Financial
Fitness Program for adults.
“We’re honored to be recognized three consecutive years for our efforts
to improve financial education for teens and adults,” said Kevin Miller,
senior vice president of products, marketing and customer experience at
TCF Bank. “Giving back to the communities we serve is a focus at TCF,
and teens and adults who completed our financial education programs tell
us they have improved their financial knowledge, which helped them make
smarter financial decisions for themselves, their families and their
communities.”
Honorees were selected based on criteria that included the scale and
reach of their financial education initiatives, the duration of their
commitment and unique team member volunteering activities that
supplement their programs.
“Each year, we travel to the birthplace of the American financial system
to honor institutions that are truly dedicated to going above and beyond
in service to their communities,” said Ray Martinez, EverFi President of
Financial Education. “The Financial Capability Innovation Awards have
given us the opportunity to share and celebrate the tremendous
investment these institutions are making and continue to make in the
communities where they live, work, and serve. For EverFi, our time here
reminds us just how critical the role innovation continues to play in
empowering Americans to pursue economic opportunity and achieve
financial security for themselves, their families and their communities.”
TCF is committed to providing teens and adults with the skills and
knowledge needed to successfully navigate the increasingly complex
financial world we live in. TCF partnered with EverFi to bring the TCF
Financial Scholars Program to high school students at no cost to schools
or taxpayers, and the TCF Financial Fitness Program is free online for
adults. TCF has reached nearly 20,000 consumers and 140,000 students at
1,300 high schools in four years.
TCF partners with EverFi to implement the TCF Financial Scholars Program
in a co-curricular basis, providing students with the opportunity to
develop healthy financial attitudes and behaviors in a classroom
setting. Data collected from nearly 40,000 students who completed the
TCF Financial Scholars Program during the 2015-2016 academic year
revealed that students’ financial understanding increased by an average
of 79 percent after interacting with the curriculum.
Administered by teachers in a classroom setting, the web-based course
offers more than six hours of programming on a variety of financial
topics including credit scores, insurance, credit cards, student loans,
mortgages, taxes, stocks, savings, 401k plans, and other critical
concepts that map to national financial literacy standards. The platform
uniquely tracks the progress and performance of every student.
The TCF Financial Fitness Program is a free, online financial education
program that helps adults manage their money more effectively, make
decisions that strengthen their financial futures and gain confidence in
their financial knowledge. The program offers more than 20 courses
including building emergency savings, considering home ownership, credit
cards, estate planning, financing higher education, identity protection,
mobile payments, mortgages, overdraft, retirement 101, taxes and more.
Learn more about TCF’s financial education programs at tcfbank.com/learning.
About TCF
TCF is a Wayzata, Minnesota-based national bank
holding company. As of December 31, 2015, TCF had $20 billion in total
assets and 375 branches in Arizona, Colorado, Illinois, Indiana,
Michigan, Minnesota, South Dakota and Wisconsin, providing retail and
commercial banking services. TCF, through its subsidiaries, also
conducts commercial leasing, equipment finance, and auto finance
business in all 50 states and commercial inventory finance business in
all 50 states and Canada. For more information about TCF, visit tcfbank.com.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of
trading, clearing, exchange technology, listing, information and public
company services across six continents. Through its diverse portfolio of
solutions, Nasdaq enables customers to plan, optimize and execute their
business vision with confidence, using proven technologies that provide
transparency and insight for navigating today's global capital markets.
As the creator of the world's first electronic stock market, its
technology powers more than 70 marketplaces in 50 countries, and 1 in 10
of the world's securities transactions. Nasdaq is home to more than
3,700 listed companies with a market value of approximately $9.6
trillion and nearly 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition
or business.nasdaq.com.
About EverFi
EverFi, Inc. is the leading education
technology company focused on teaching, assessing, and certifying K-12
and college students in the critical skills they need for life. The
company teams with major corporations and foundations to provide the
programs at no cost to K-12 schools. Some of America’s leading CEOs and
venture capital firms are EverFi investors including Amazon founder and
CEO Jeff Bezos, Twitter founder Evan Williams, and Google Chairman Eric
Schmidt. Learn more at everfi.com.
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Contacts:
TCF Financial Corporation
Media:
Mark Goldman,
952-475-7050
news@tcfbank.com
or
Investors:
Jason
Korstange, 952-745-2755
investor@tcfbank.com
Source: TCF Financial Corporation
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