During the 2014-2015 school year, Farmers & Merchants Bank (F&M Bank) has provided nearly 1,000 area high school students with critical money management skills via its My Money, My Future financial literacy program. Funded by the bank at no cost to local schools or taxpayers, My Money, My Future is an interactive web-based financial management program that uses the latest in new media technology to bring complex, real-world financial concepts into the classroom.
Last school year alone, students completed 7,901 individual modules, achieving more than 75 percentage points in knowledge gain according to pre- and post-assessment testing. Topics covered included saving, investing, credit scores, and consumer fraud. Students showed the most improvement with the Financing Higher Education module, underscoring the real-world needs the program addresses.
In a recent press release F&M Bank President Dean Withers said, “Farmers & Merchants Bank is very proud of the number of students we have reached with critical financial education as it is just one of the many indicators of our commitment to the community.”
Read more on how Farmers & Merchants Bank educated area students.