April 18, 2014

Banking on Our Community

At EagleBank, we never forget that the first word in “community bank” is community. One of the ways we give back to our neighbors is to be involved in enhancing financial literacy, especially among young adults. Our recently issued Annual Report (available here) addressed just some of the community programs in which we are involved:

EverFi Program EagleBank partnered with EverFi, Inc., to bring a fun, web‑based program that teaches critical financial skills to students at three Washington, DC high schools. The EverFi Financial Literacy course uses the latest in new-media technology to bring complex financial concepts to life. The program helps students become better-informed, more responsible citizens.

Teaching Financial Skills EagleBank’s Merrifield office established a partnership with Lemon Road Elementary School in Falls Church, Virginia. EagleBank volunteers devote lunch hours to scheduled mentoring sessions with individual students, and also developed a financial literacy program for the classroom.

Teacher for a Day EagleBank’s Treasurer spent a day in April sharing some first‑hand banking knowledge with a group of very bright second-graders. The students at Bannockburn Elementary School in Bethesda, Maryland, joined in an interesting discussion on some of the basic principles of banking and finance.

Back to School for All In August, EagleBank employees donated school supplies for families in need. Children’s Program Director Emma Kupferman of the District Alliance for Safe Housing (DASH) coordinated the campaign. DASH provides housing opportunities and support services for homeless families in Montgomery County, Maryland.

Summer Reading Party EagleBank’s Helping Hands Volunteer group joined the Arlington Partnership for Affordable Housing again this year for a Kids’ Summer Reading Party. Naren Aryal, co‑founder and CEO of Mascot Books in Herndon, Virginia, arranged a generous donation of children’s books. Our volunteers enjoyed collecting and sharing books with the young residents of Columbia Grove Apartments. Even more fun was playing, reading, and interacting with the kids.

Annual Scholarship In cooperation with the Montgomery College Foundation, EagleBank once again awarded an annual scholarship to a student pursuing financial studies at Montgomery College, who will then move on to complete a degree at the Smith Business School at the Universities at Shady Grove. Congratulations to the 2013 winner, Neha Thanki.

If you are aware of another worthy program, please let us know. Financial responsibility for tomorrow’s adults begins today.