Workforce education benefits from Biz Kid$ grant
VACAVILLE, Calif. (10/2/14)--A Biz Kid$ financial education grant is helping arm California students with financial knowledge and skills as they prepare to enter the job market.
Travis CU, Vacaville, Calif., with $2.2 billion in assets, received a grant from the National Credit Union Foundation that helped create a work-ready certification (WRC) program with the Fairfield-Suisun Chamber of Commerce, Solano County Office of Education and the Fairfield-Suisun Unified School District.
By helping validate that students have necessary entry-level skills--identified by the local business community--the program supports students as they enter the workforce.
The WRC program uses the Biz Kid$ financial education curriculum, which is sponsored by the credit union. It teaches students how to make and manage their money, sharpen entrepreneurial skills and succeed at financial planning.
"Work-ready certification makes a practical connection between the education and experience students learn in high school and the essential requirements of the world of work," said Jay Speck, Solano County superintendent of schools. "When students are knowledgeable about the skills necessary for success in the workplace, they will have the confidence and knowledge to apply and successfully obtain employment."
As part of the WRC program, Biz Kid$ was implemented in all six school districts of Solano County, which serves mostly low-income students.
"As a stakeholder in our community, Travis CU strives to empower our members and communities with information and knowledge that helps them understand their options, make smart choices, and take charge of their financial lives," said Sherry Cordonnier, the credit union's director of corporate relations.
"Credit unions can use the Biz Kid$ program to make a difference in their communities and improve people's financial lives," said Danielle Brown, NCUF director of development and donor relations. "As Travis CU's efforts demonstrate, there are so many ways the program can be used to teach kids the skills they need to be financially literate."