Premier Members Credit Union has announced the launch of Money 360, a platform that provides customized financial literacy education for children 13 and older through a digital app and a classroom-based, curated financial literacy curriculum. The inaugural school PMCU collaborates with to establish the programme is Chavez Huerta K-12 Preparatory Academy in Pueblo.
Money 360’s app has a classroom component that provides gamified financial literacy lessons with rewards-based incentives. The app, available in English and Spanish, includes over 800 modules on 54 different topics, from opening a bank account to saving for retirement – and everything in between. When correctly answering questions, learners earn points in the form of Pineapples, which can be redeemed as monetary donations to vital Colorado-specific nonprofits, including Mile High United Way, The Latin American Educational Foundation and Mental Health Colorado. As the programme grows, vendor partners will be able to include more nonprofits.
Speaking about the initiative, Jeffrey Kash, PMCU’s Assistant Vice President for Community Relations, in a prepared statement, said:
PMCU is committed to leading the charge with effective financial literacy education in partnership with school districts, teachers and partner organizations across the Front Range. Teaching financial literacy to our youth is essential, and the goal of Money 360 is to make learning fun, simple and social, providing financial education to all.
Kash added:
We hope that this program reaches beyond the school district and the students but also engages with their families, faculty, staff, and even cousins in neighbouring communities.
Each school that joins PMCU’s Money 360 programme has its own QR code to access it. This QR code will allow administrators to report total usage, user demographics, most popular topic subjects, and how much their students are learning.
Premier Members Credit Union (PMCU) is a nonprofit, ecologically conscious financial institution that provides consumers with financial solutions. The company has locations in Denver, including Boulder, Erie, Estes Park, Firestone, Longmont, Louisville, and Westminster. PMCU is a credit union industry and community leader, with over 70,000 members, $1 billion in assets, 14 full-service retail branch locations, and four branches in area high schools. The platform takes pride in giving back to the community by supporting various charitable activities and fundraising events for organizations such as United Way, Realities of Children Boulder County, the Boulder Valley and Westminster School Districts, and many more.
