U.S. Bank Awards California Council on Economic Education $4,500 Grant
Los Angeles, CA – December 16, 2009 – The California Council on Economic Education (CCEE), a non-profit dedicated to advancing economic literacy throughout California, today announced it has received a $4,500 grant from U.S. Bank to help fund the MoneyWiseTeen program in the Inland Empire. Scheduled for Spring 2010, the program helps high school students develop reasoning skills that will prepare them to be financially self-reliant as young adults
“CCEE’s MoneyWiseTeen program breaks down complex concepts, presenting them in ways that are relevant to students,” said Mary Salinas Durón, U.S. Bank Community Development Manager in Southern California. “We are excited to support CCEE in its efforts to educate teenagers, early in their development, about economics and personal finances.”
Through the U.S. Bancorp Foundation, U.S. Bank provides cash contributions to nonprofit organizations in several priority areas, including education. The foundation selected CCEE as a grant recipient because of its shared commitment to educating students about the importance if financial and economic independence
“At the completion of each MoneyWiseTeen program that we conduct, it’s rewarding to see the students’ interest and knowledge of economics increase and their desire for financial independence grow,” said CCEE Executive Director Jim Charkins. “Our donors are so important to the program’s continued success and we appreciate U.S. Bank’s contributions to bringing the MoneyWiseTeen to the Inland Empire.
MoneyWiseTeen is one of 10 programs CCEE conducts each year with the ultimate goal of preparing California students for successful participation in the economy. The web-based program teaches economic concepts that help teenagers develop knowledge and reasoning skills necessary for economic and financial success. Multiple web-based animated modules illustrate economic principles through stories that are understandable and relevant to teenagers, and include interactive activities and questions that allow students to learn by doing. These economic principles include: Scarcity and Alternatives, Budgeting and Opportunity Cost, Credit and Margin, Decision Making, The How and Why of Prices, Benefit/Cost Analysis, Preparing for the world of work, and Saving and Investing.
About U.S. Bancorp
U.S. Bancorp (NYSE: USB), with $281 billion in assets as of Dec. 31, 2009, is the parent company of U.S. Bank, the fifth largest commercial bank in the United States. The company operates 3,015 banking offices in 25 states and 5,148 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.
About the California Council on Economic Education (CCEE):
The California Council on Economic Education (CCEE) is a nonprofit, nonpartisan consortium of education, business, and political and labor leaders dedicated to advancing economic literacy throughout California. The CCEE is affiliated with the National Council on Economic Education in a nationwide network of state Councils and local Centers for Economic Education delivering economics education programs and materials to K-12 teachers. For more information on the California Council on Economic Education, please visit: www.ccee.org
California Council on Economic Education