BBVA Compass Chairman and CEO Manolo Sánchez spent the morning of October 19 at the KIPP CONNECT campus in Houston teaching financial literacy to a classroom of students.
Sánchez will spend roughly seven hours at the KIPP CONNECT campus over the next few weeks. He will teach students financial literacy from Junior Achievement’s third grade curriculum. KIPP CONNECT was opened in August 2014 and is presently serving 860 students.
“I’m on the board of KIPP Houston Public Schools, which advises the KIPP public charter school system in the city,” said Sánchez. “Being on the board for more than a year, I wholeheartedly believe in KIPP’s mission. So when I was looking around for somewhere to volunteer my time, it made sense for me to go to one of the KIPP schools.”
The day’s lesson included Sánchez teaching the third grade students how a bank account works, including what it means to withdraw and deposit funds, and how to balance a budget.
KIPP Houston Public Schools includes 24 schools that serve more than 12,500 students, and is committed to enhancing educational opportunities for low-income students. KIPP’s track record includes getting nearly 50 percent of 8th-graders to graduate college, six times the Harris County average for low-income youth.
“KIPP has an impressive track record because college is one of the more powerful upward-mobility levers,” said Sánchez. “It was a great way to start the week. BBVA Compass embraces the fact that we have a role to play in making a difference in our communities.”
Congratulations BBVA Compass!