Thomas DeWitt is one of this year’s entry period one scholarship winners, completing more than 100 modules. While DeWitt grew up learning about finances from his own family, the scholarship program was the first exposure he had to any form of professional financial education content.
“I was a big fan of it… I appreciated that it was a series of short individual lessons” DeWitt said about his experience with the program content. “I was really interested in insurance, medical bills and the stock market, because I know those are things I will be dealing with in the future.”
In fact, DeWitt has kept the program app on his phone so he can look up financial lingo and terms he’s unfamiliar with as he continues to pursue his college degree at University of Minnesota.
In an effort to make financial education available to all, U.S. Bank utilized this same collaboration to develop a new financial wellness hub on the U.S. Bank Financial IQ website. The site is accessible to both U.S. Bank clients and non-clients, offering games and quizzes to enhance, reinforce and boost financial understanding and confidence. Topics range from taxes and insurance to saving and budgeting.
“Making financial education accessible to all continues to be a priority in how we serve both our customers and our communities,” said Yamada. “We continue to hear how important it is to have knowledge and support in building up savings to get through emergencies, finding ways to track expenses to live within a budget, and achieving dreams of homeownership.”
Throughout the year, U.S. Bank delivers financial education to clients and the community through philanthropy, volunteerism and programs. In 2022 alone, the company reached more than 1.5 million people with important financial education training.
For more information on financial wellness, visit Financial IQ. For more information on scholarships, visit the U.S. Bank Scholarship Program page.