ELKINS, West Virginia – The HomeOwnership Center (HOC) recently partnered with Ekins’ Freedom Bank to offer a week-long financial education course for seniors at Elkins High School.
HOC Loan Originator Chris Vance, Property Advisor Jami Stewart and Program Assistant April Sinsel as well as Freedom Bank Director Sherrie Cowgill provided students with information on a number of topics, including day-to-day banking procedures, the process of applying for various loan and student loan options, budgeting and counseling for credit, stocks and bonds, and home ownership versus renting.
“We are delighted to have been able to join Freedom Bank by offering relevant information to a group of young adults who will soon be starting their own financial journey, whether they choose to go to college or join the workforce afterwards. high school, ”said HOC executive director Kate Somers. “We hope to be able to reach more high school students in Randolph County and other nearby high schools in the future. “
Over the past two months, HOC staff and Cowgill have worked together to strategize with the civics teachers in the senior year class to ensure that students find the informative material.
“I was very happy to be able to present to high school students and to partner with HOC in this endeavor. We send the majority of our young people out into the world without the knowledge or skills to make important financial decisions. In the banking world, we see young adults who can’t do the basic things like write a check or balance a checkbook, ”Cowgill said. I hope spending the week with these students has put them on the right path to gaining basic financial literacy. Partnering with the HomeOwnership Center lets students know that there are financial resources they can use now or in the future; They are not alone.
“Our students have greatly benefited from the financial information they have received. It was nice to have professionals in the field to talk to them about the issues that will affect them in the very near future, ”said Shellie Burda, EHS Civics teacher.
HOC hopes to expand this financial education course to more high school students in the region. If you are an organization or business and would like to support HOC and this work, please call 304-636-9115.