NEW YORK, N.Y. –Working in Support of Education (w!se) is pleased to announce a generous $15,000 grant award from the Investors Foundation to support the w!se Financial Literacy Certification program in New Jersey. The grant will help develop the financial literacy of students at high schools across the state. New Jersey is one of 17 states in the U.S. that requires students to take a course on personal finance for graduation.

The Financial Literacy Certification program is an award-winning initiative that supports personal finance instruction at high schools in 48 states. Schools teach a course on personal finance using instructional resources provided by w!se. Students become Certified Financially Literate™ and earn w!se’s coveted CFL™ when they take and pass w!se’s Financial Literacy Certification Test after instruction.

Launched in 2003, the program is helping to transform the lives of students! One student from a school in New Jersey recently said: “After I graduate, I will have to start making some important financial decisions such as taking out student loans, buying a car and renting an apartment. Becoming financially literate through the w!se program has helped me make smarter decisions about these issues about even simpler things such as choosing which bank to take out a credit card with.”

“The Financial Literacy Certification program has provided diverse students nationally with an enriching and valuable experience in enhancing their financial literacy knowledge,” said w!se President & CEO Phyllis Frankfort Perillo. “We are deeply grateful to the Investors Foundation for their support in helping us reach even more students.”

About Investors Bank

Investors Bank, headquartered in Short Hills, New Jersey, is a full-service community bank that has been serving customers since 1926. With over $23 billion in assets and a network of more than 150 retail branches, Investors delivers personalized services and products tailored to the needs of its customers. Investors’ banking services include complete deposit, loan and cash management products for consumers and businesses. Investors Bank. Member FDIC and Equal Housing Lender.

About Investors Foundation

Investors Bank created the Investors Foundation in 2005 to support the communities Investors Bank serves. Investors Foundation supports initiatives in the arts, youth development, health and human services, education and affordable housing.  Investors Foundation works to improve the lives of its customers and neighbors.

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About the w!se Financial Literacy Certification Program

The Financial Literacy Certification program is an innovative and high impact initiative in financial education designed to help high school students graduate financially literate. Participating schools teach a course on personal finance and then administer w!se’s nationally standardized Financial Literacy Certification Test. To support instruction, w!se provides professional development, a curriculum aligned to national and state standards and other value added teaching tools. A hallmark program feature is the w!se CFL™. Students who pass the Certification Test become Certified Financially Literate (CFL™). The program, now in 48 states, is rapidly growing and has become integral to personal finance instruction in thousands of classrooms.

About w!se

Working In Support of Education (w!se), a national educational not-for-profit, improves the lives of young people through programs that develop financial literacy and readiness for college and careers.

Media Contact: Steven Appel | 212-421-2700 |


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