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Ally Financial Supports W!se Financial Literacy Program
New York, NY, – Working in Support of Education (W!se) is pleased to announce it has received a generous grant from Ally Financial for its Financial Literacy Certification Program in North Carolina.
The Financial Literacy Certification program is central to W!se’s aim to strengthen and measure financial education levels. The program supports personal finance instruction in high schools in 48 states. Students can become Certified Financially Literate™ and earn W!se’s coveted CFL™ if they take and pass W!se’s Financial Literacy Certification Test. Wells Fargo’s support will continue bring life-changing skills to more young people.
“Before taking the financial literacy class, I had this constant fear that I would end up sleeping on the streets because of my father’s financial issues. He would often spend money without knowing if he had enough to even pay the bills. However, through this class I was able to learn important financial skills that aren’t taught in many schools. Skills such as, knowing how to plan for and pay bills like rent, utilities, insurance, and car payments, while making sure there is money left for essentials such as groceries, savings, etc.”
-Medelyn Martinez, Student at Thomas Edison Career & Technical HS, 2018
“The W!se Financial Literacy program has provided diverse and disadvantaged students with an enriching and valuable experience in enhancing their financial literacy knowledge,” said W!se President & CEO Phyllis Frankfort Perillo. “We are very grateful to Ally Financial for their support in helping us reach students nationally.”
About Ally Financial
Ally Financial Inc. is a leading digital financial-services company with $178.9 billion in assets as of December 31, 2018. Its award-winning online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers
mortgage-lending services and a variety of deposit and other banking products, including savings,
money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). It also support the Ally CashBack Credit Card. Additionally, it offers securities-brokerage and investment-advisory services through Ally Invest.
As a customer-centric company with passionate customer service and innovative financial solutions, it relentlessly focuses on “Doing It Right” and being a trusted financial-services provider to its consumer, commercial, and corporate customers. It’s is one of the largest full-service automotive-finance operations in the country and offers a wide range of financial services and insurance products to automotive dealerships and
consumers. Ally Financial’s robust corporate finance business offers capital for equity sponsors and
Working in Support of Education (W!se) is a leading educational nonprofit based in New York City with a mission to improve the lives of young people and at-risk adults through programs that develop financial literacy and readiness for college and the workforce. Our initiatives are built on the five pillars of relevancy, real-world experiences, strong partnerships, volunteerism and assessment. For more information, visit wise-ny.org. Follow W!se on Facebook, Instagram @wisenewyork, and Twitter @wisenewyork.