Pensacola, Fla. – Navy Federal Credit Union has collaborated with Big Brothers Big Sisters of Northwest Florida (BBBSNWFL) to provide virtual, financial education for Littles from Pensacola to Panama City.
Offered as quarterly, hour-long virtual training sessions, middle school and high school-aged Littles are participating in interactive workshops and given access to financial education tools and resources.
“We’re taking it back to the basics by teaching these Littles about topics like earning and managing money, creating a savings plan and more,” said Jennifer McFarren, BBBSNWFL Executive Board Member and Community & Education Outreach Manager for Navy Federal Credit Union. “We’re honored to support Bigs and Littles in having meaningful conversations about finances, while also making learning fun and engaging, in hopes to better equip them to make sound financial decisions in the future.”
Ten Littles and Bigs attended the first quarter training, allowing them to remain safe and learn from the comfort of their own home. The second quarter training session will cover saving and growing your money.
“We are so blessed to have such a well-rounded partner like Navy Federal,” said president and CEO of BBBBSWFL, Paula Shell. “If I had three words to describe them, I would use the three T’s – Time, Talent, & Treasure! They give their time with a commitment of Bigs, their talent with sharing of resources, and their treasurer with a commitment of financial support of our programs. The quarterly financial education trainings they have put together for our Bigs and Littles are truly changing lives.”
In addition to financially supporting and providing employee volunteers, Navy Federal partnered with BBBSNWFL to launch their Beyond School Walls program in 2016; a two-year long program aimed at helping students improve their chances of graduating and transitioning to the workplace and/or post-secondary education. The on-site training, which is currently being done virtually, allows Littles to shadow Navy Federal team members in the workplace for a few hours each month during the school year. Participating Littles in the third cohort of the program just recently completed their fifth session, and the Beyond School Walls program will expand to the credit union’s campus in Winchester, Va., during the fall school year.
BBBSNWFL is dedicated to providing resources such as financial education trainings to ignite the potential in youth in Northwest Florida.
About Big Brothers Big Sisters of Northwest Florida: BBBSNWFL has been the area’s leader in one-to-one mentoring for 30 years by serving children ages 5-18. Our mission is to create and support one-to-one mentoring relationships that ignite the power and promise of youth. Last year, Big Brothers Big Sisters of Northwest Florida served 646 children in Northwest Florida.
About Navy Federal Credit Union: Established in 1933 with only seven members, Navy Federal now has the distinct honor of serving 10 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all branches of the armed forces and their families. Dedicated to its mission of service, Navy Federal employs a workforce of over 22,000 and has a global network of 343 branches.