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GE Capital Retail Bank Employees Join Junior Achievement (JA) of East Central Ohio to Provide JA Personal Finance Day on October 9 - A $21,000 grant from the GE Foundation provides the course material, while over 100 GE employees provide financial literacy education to 1,000 area high school students (NYSE: GE) - GECapital.com / JAOnline.org
GE Capital Retail Bank Employees Join Junior Achievement (JA) of East Central Ohio to Provide JA Personal Finance Day on October 9

 

PRZOOM - /newswire/ - Canton, OH, United States, 2012/10/01 - A $21,000 grant from the GE Foundation provides the course material, while over 100 GE employees provide financial literacy education to 1,000 area high school students (NYSE: GE) - GECapital.com / JAOnline.org. NYSE: GE

   
 
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GE Capital Retail Bank employees in Canton are working with Junior Achievement of East Central Ohio to present a JA Personal Finance/Career Day to over 1,000 area high school students. GE employees will help impact educational learning, youth development and economic vitality by educating students about life lessons in money management and work readiness skills. JA Personal Finance Day focuses resources to help area districts meet an unfunded Ohio state mandate that requires area schools to teach students financial literacy skills such as budgeting, savings, credit, insurance risk, identity theft, fraud and the overall role they play in the economic system.

To further enhance this experience, Walsh University of Canton, has joined GE and JA to host the event onsite at their campus. This affords the project planning team the convenience of bringing a large number of students together from various high schools into one, central location.

Five core financial education classes, a career fair and interview readiness class will be taught by GE employees. This enhances the program as GE employees can share real world experience in finance, retail banking and collections.

“GE knows that our investment in Junior Achievement is helping prepare young people to be educated consumers and make smart choices about their future. Our employees are really proud of their roles as volunteers, delivering the JA curriculum and sharing their experiences with the students as they take on new roles as consumers, employees and employers within our community,” said Kathy Stanton, GE Capital Retail Bank Site Leader.

GE Capital Retail Bank employee Gary Schumacher, a 23-year Board Member of Junior Achievement, is spearheading the project. Gary added,“It is also extremely gratifying to work with the students and to help them prepare to be educated consumers, especially when they start to evaluate specific financing or financial options.”

“The mission of Junior Achievement is to empower young people to own their economic success,” said Dawn L. Campanelli, President of JA of East Central Ohio. “We are very appreciative that GE believes in the power of financial literacy education as an impact tool to elevate the quality of life for the next generation.”

About JA of East Central Ohio
Junior Achievement gives young people the knowledge and skills they need to own their economic success, plan for their future and make smart academic and economic choices. The mission of Junior Achievement is to educate and inspire young people to succeed in a global economy. Junior Achievement was formed nationally in 1919 and locally in Ohio in 1953 to link the business and education communities together. The East Central Ohio office of Junior Achievement provides programming to students in Stark, Tuscarawas and Carroll counties. For more information, please call 330-433-0063 or you can visit jaonline.org/.

About The GE Foundation’s JA involvement
The GE Foundation funds JA programs in 34 countries, engaging over 5,000 GE Volunteers in 3,700 classes, with a reach of almost 30,000 students.

About GE Capital’s Retail Finance business
GE Capital’s Retail Finance business is among the country’s most successful retail lenders, with more than 75 years of experience in consumer financing. The business, which originates loans as a unit of GE Capital Retail Bank, provides customized credit programs to retailers and consumers in the United States and Canada that help drive sales. This includes private label and bankcard credit programs to major national, regional and independent retailers in the U.S., as well as private label credit programs, promotional and installment lending, bankcards and financial services for consumers through dealers; contractors; manufacturers; healthcare practices; and service providers across nearly 20 industries. More information can be found at gogecapital.com and twitter.com/GoGECapital.

GE Capital (gecapital.com) is one of the world’s largest providers of credit. For over one million businesses, large and small, GE Capital provides financing to purchase, lease and distribute equipment, as well as capital for real estate and corporate acquisitions, refinancings and restructurings. For our 100+ million consumer customers, GE Capital offers credit cards, sales finance programs, home, car and personal loans and credit insurance.

GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

 
 
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GE Capital Retail Bank Employees Join Junior Achievement (JA) of East Central Ohio to Provide JA Personal Finance Day on October 9

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Contact: Dori Abel - GE Capital Retail Finance 
203-585-6702 dori.abel[.]ge.com
 
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