In the Community
What's happening at The Peoples Bank? See our latest headlines and happenings across the upstate area. So you can stay up-to-date on the news, events, and specials that matter most to you.
Upcoming News & Events:
Iva Depot Day Heritage Celebration
Please join us Saturday, October 8 at Iva Downtown Gazebo for family fun! Expect over 80 Craft, Food Vendors, Church Groups and Civic Clubs!
Midnight Flight 2016
On Friday, August 26, 2016, The Peoples Bank is sponsoring the Midnight Flight. We have sponsored this event since 2007 and look forward to this years festivities. We are excited to announce the New Date and New Time. In the past, our event was held on Labor Day weekend. Since we have moved it up a week, runners and spectators can enjoy our event without missing their end of the summer vacations. We are looking forward to large crowds, so sign up early. Our first race will begin at 8:15. Whether you are a spectator or a runner, plan to join us and help us Light the Night. #MidnightFlight
The Peoples Bank Celebrates Innovative Investment in Schools During Financial Literacy Month
Research shows the positive impact of teaching financial education in schools.
In celebration of Financial Literacy Month, The Peoples Bank announced that its schools-based financial education program is making a positive impact on students' understanding critical financial topics. Data collected from more than 686 students who completed the program in the 2014-2015 academic year revealed that students' understanding of financial topics increased by an average 98% after interacting with the curriculum..
EverFi is a web-based interactive course designed to empower young people with the essential skills needed to make sound financial decisions. The Peoples Bank has partnered with leading education technology company EverFi to bring this interactive program to 5 high schools across Anderson County since 2011 at no cost to schools.
According to recent EverFi survey data, children in the US primarily develop their financial attitudes from their parents through family discussions and learning by example. However, a FleetBoston Smarter Decisions Survey cites that 74% of parents don't feel prepared to teach their children about money and over 40% of parents don't talk to their children about money at all. These statistics support the need for financial education in a school setting, where all students have an equal opportunity to learn essential financial skills. EverFi is implemented in a co-curricular basis, providing students with the opportunity to develop healthy financial attitudes and behaviors in a classroom setting.
"More and more evidence suggests that rigorous financial education delivered early in a young person's development leads to positive financial behaviors later in life," said Sheryl McCollum, AVP/Business Development, The Peoples Bank. "By providing high school students with the knowledge and skills they need to make smart financial decisions, we are investing in the future economic well-being of the communities we serve."
The Peoples Bank has partnered with EverFi to bring the program to local students at no cost to schools or taxpayers. The web-based program uses the latest in simulations and gaming to bring complex financial concepts to life for today's digital generation. The high school course offers over six hours of programming with ten units in a variety of financial topics including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401k's and other critical concepts that map to national financial literacy standards. The platform uniquely tracks the progress and performance of every student.