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NBA Brings Financial Education to Schools

NBA Hall of Famer Clyde Drexler and other NBA legends thrilled students at Houston’s Crespo Elementary School when they helped tip off a joint initiative from BBVA Compass bank and NBA Cares to bring financial education programs to 25,000 students throughout the U.S.

Drexler, the 10-time NBA All-Star who helped lead the Houston Rockets to the NBA Championship in 1995, joined NBA legends T.J. Ford, Elvin Hayes and John Lucas, along with bank volunteers, on visits to pre-K through third-grade classrooms at the school in the East End, where they talked to the students about the importance of staying in school. NBA Cares Ambassador and NBA legend Felipe Lopez introduced fourth-graders to the basics of money smarts, while the volunteers later taught fifth-grade students the basics of managing money through a trivia-style game.

“Clyde is a champion in every sense of the word — all of these guys are — so it’s an honor to be out here with them teaching the importance of education, fitness and money management,” said BBVA Compass Houston City President Mark Montgomery. “Crespo is a fine arts magnet school and the kids are bursting with talent, so it was nice to be able to fully engage them in something we consider so important. They’re our future leaders.”

The bank has brought the Vault financial education program, developed by education technology firm EverFi, into schools annually at no cost. The course features interactive lessons, games and story-based activities that challenge children from an early age to make choices in real-life scenarios to best achieve important goals around saving and job planning.

BBVA Compass and NBA Cares presented EverFi’s Web-based financial literacy program to more than 10,000 students in seven cities in 2013, and are doubling its reach this year by extending the online curriculum to 25,000 students in approximately 400 schools across 19 markets.

 

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