Jose de Diego Community Academy and the Young Bankers Club are in their 4th year of partnership with Fifth Third Bank.
The Young Bankers Club is a 10-week hands-on financial literacy program that is geared toward teaching fifth graders the importance of education, finances and personal responsibility. Students have the opportunity to learn first-hand the importance of saving and becoming an educated consumer while being monitored by business professionals. There are currently 18 Fifth Third Bank employees who serve as mentors to 59 students.
Students are guided through a 10-week curriculum that connects each student with a mentor who provides leadership, guidance, and friendship. In the event that assistance is needed, teachers and instructional assistants are also available in the classroom.
The goal of this program is to have a 1 to 3 ratio between mentors and students. In addition to the classroom activities, there are also planned field trips to give students an up-close look at the banking system.
Different topics are discussed throughout the course of the program. Among these are:
- Checking and savings accounts
- Credit and interest
Students are even taken to the Federal Reserve Bank and the Board of Trade to learn more about the importance of being financially responsible.
Fifth Third bank launched this program to arm young people with the information they need to make sound financial decisions, increasing their potential for financial success.
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