State Farm Bank Employees Mentor YouthBuild Students and Teach Financial Literacy

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State Farm Bank Employees Mentor YouthBuild Students and Teach Financial Literacy

Led by Alicia Lenard, Director of Development at the McLean county center in Illinois, YouthBuild takes a holistic approach with their students, not only educating them but becoming full time mentors; guiding them along the pathways toward living productive lives and becoming leaders in their community.

State Farm Bank shares these values with YouthBuild, not only providing funding to their efforts, but becoming an engaged partner in the commitment for a sound financial education. For years, State Farm Bank has gone above and beyond with their support for YouthBuild, countlessly having employees teach classes on financial literacy and providing hands-on training to a plethora of students who still have yet to reach their full potential.

Watch State Farm Bank volunteers teaching financial literacy at YouthBuild.

Watch State Farm Bank volunteers teaching financial literacy at YouthBuild.

“The ability to have additional tools in the individual’s tool box is important to be successful in life. [Financial literacy] is a tool within that tool box,” says Assistant Vice President of Bank Compliance Luis Berrios. It is vital for these tools to become available to people at a young age so, as Vice President, Bank of Operations Officer at State Farm Bank, Traci Monson puts it, “the students don’t start in a hole.” She has had experience with poor financial decisions, and it was because she didn’t know what tools were available to her. She doesn’t want the students at YouthBuild to make the same mistakes she did.

Jerome Maddox, Philanthropy Analyst, CRA Mortgage at State Farm Bank describes YouthBuild’s impact the best. “To see them come out of that shell is tremendous. To see them be able to aspire or be able to know that they can do better things. It is great.”

Congratulations State Farm Bank!