Junior Achievement of New York announced today that it received a grant of $21,100 from Santander Bank to bring financial literacy programs to students in New York City, Long Island and the Lower Hudson Valley. The programs will teach students concepts related to budgeting, saving, and money management with the intent of promoting the development of good financial habits. The partnership includes the involvement of volunteers from Santander Bank to help deliver the programs to students.
“Giving young people the tools and encouragement to manage money responsibly is a top priority for Junior Achievement. Financial literacy is essential for the well-being of the individual, and also for families and our community as a whole,” said Joseph Peri, JA New York President. “We’re thankful to Santander Bank for providing the resources necessary for this partnership to help our young people grow up to be successful adults.”
The grant is part of a national partnership between Junior Achievement and Santander Bank. In all, six cities are participating in this effort: Philadelphia, PA; New York, NY; Boston, MA; Providence, RI; Harford, CT; and New Bedford, MA.
“To succeed in our global economy, our young people need to be prepared to enter college and the workforce with an understanding of how to manage money. We started a financial literacy program at Santander because we knew we have colleagues throughout the Northeast whose financial aptitude and experience would be of great value to students as they weigh their education and work options. Junior Achievement shares our commitment to building brighter futures and improving long-term economic outcomes for young adults and this is the first of what we hope will be a strong, multi-year partnership with this impressive organization,” said Elsie Leon-Cruz, Santander Bank Region President, Metro New York-Northern New Jersey.
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About Junior Achievement of New York
Junior Achievement of New York is the local affiliate of Junior Achievement USA, the world’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. We recruit, train, and mobilize more than 5,700 corporate and community volunteers to provide relevant, hands-on experiences that give students knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, JA New York delivers more than 77,000 student experiences per year, free of charge, to 250 NYC, Long Island and Lower Hudson Valley public schools. Visit www.jany.org for more information.
About Santander Bank
Santander Bank, N.A. is one of the country’s top retail banks by deposits and a wholly owned subsidiary of Banco Santander, S.A. – one of the most respected banking groups in the world. With its corporate offices in Boston, Santander Bank’s more than 670 branches and nearly 2,100 ATMs are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, and Delaware. The Bank’s 9,400 employees are committed to helping our more than 2.1 million customers make progress toward their financial goals with the support of our call centers, interactive online banking platform, and easy-to-use mobile app. Madrid-based Banco Santander (NYSE: SAN), serves more than 117 million customers in the U.K., Europe, Latin America, and the U.S. Through its local affiliates, including Santander Bank, Banco Santander is the largest corporate contributor to higher education in the world, investing over $165 million annually in colleges and universities across more than 20 countries, including the U.S. For more information on Santander Bank, please visit www.santanderbank.com.
For More Information, Contact:
Rebecca Rosenbaum
JA New York
212-907-0027
Ann Davis
Santander Bank
617-757-5891
SOURCE: Junior Achievement of New York
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