The National Bankers Association (NBA), in partnership with Visa Inc., and in coordination with the U.S. House of Representatives Financial Literacy Caucus Co-Chair Steve Stivers (R-OH), Congressman Cedric Richmond (D-LA) and House Financial Services Committee Ranking Member Maxine Waters (D-CA) hosted a financial literacy event with students from Benjamin Banneker High School in Washington, D.C.
New Orleans Saints RB and Heisman Trophy winner Mark Ingram, Detroit Lions WR Ryan Broyles, National Bankers Association leadership and Congressional staff were among those in attendance. NBA and Visa also announced a new financial education initiative designed to provide NBA member banks, who serve communities in 23 states and the District of Columbia, with financial education tools and resources they need to help educate their customers.
“Visa is an industry-leader in financial education and the National Bankers Association is proud to partner with them to bring these innovative tools to our members,” said NBA President Michael Grant. “At NBA, we recognize the importance of ensuring consumers of all ages understand how to effectively manage their finances, and Visa’s suite of materials is a proven means of making learning financial skills fun.”
“For over a decade, Visa has been committed to promoting financial literacy and we are proud to assist the National Bankers Association in their continuing efforts to strengthen financial education,” said Bobby Thomson, head of U.S. government relations at Visa Inc.
“Financial football is a great way to get kids interested and excited about learning important money management skills,” said Heisman trophy winner and New Orleans Saints running back Mark Ingram. “Anytime you can make an important issue, like financial education fun, you are going to have better success and this program will help these high school students.”
“The earlier kids learn to make smart money management decisions the better off they will be,” said Detroit Lions wide receiver Ryan Broyles. “It takes the efforts of parents, teachers and mentors within the community to help lay the foundation for success.”
In partnership with Visa, NBA is providing an NBA-branded Financial Football website and game discs which NBA member banks can distribute to customers. In addition, NBA members may provide access to the online version of Financial Football to other local groups in the communities they serve. Visa will also provide other tools that can assist adults and elementary students.
Financial Football puts students’ fiscal knowledge to the test in an online simulation game environment by combining the structure and rules of the NFL with financial education questions of varying difficulty. Visa has also released the game as a free iPhone app on iTunes, along with an optimized HD iPad version.
This event is part of a national educational campaign with Visa, the NFL and the NFL Players Association, now in its seventh season. Since 2006, Visa has reached agreements with forty-six states and the District of Columbia to distribute Financial Football to every high school and middle school in those states, including Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Mexico, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Tennessee, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Financial Football is part of Practical Money Skills for Life (www.practicalmoneyskills.com) a free, award-winning financial education program that reaches millions of people around the world each year. Launched in 1995, the program is now available in ten languages in thirty countries. At Practical Money Skills for Life, educators, parents and students can access free educational resources including personal finance articles, games, lesson plans and more.
Visa also runs What’s My Score (www.whatsmyscore.org), a leading higher education consumer awareness program.