TCF Bank 2014 Annual Report Download - page 10
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Please find page 10 of the 2014 TCF Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.TCF Vice Chairman Tom Jasper joined Minnesota Commissioner of Commerce Mike
Rothman and graduates of the TCF Financial Scholars Program from Eden Prairie High
School (MN) in testing their fi nancial IQ during Financial Literacy Awareness Month.
TCF Vice Chairman Tom Jasper joined Chicago Mayor Rahm Emanuel and
Cook County Board President Toni Preckwinkle in congratulating students
on their accomplishments through the One Summer Chicago Program.
8TCF Financial Corporation and Subsidiaries
Financial Education
Last year, TCF made the bold commitment to provide free
nancial education for both teens and adults through the
TCF Financial Learning Center and the TCF Financial Scholars
Program. These programs are examples of how we are
investing in our customers and employees, and improving
the quality of life in the communities we serve. In just the rst
full year of these programs, more than 30,000 high school
students, customers and employees bene ted from the
programs. Momentum continues to build for these programs
and TCF has set a long-term goal of reaching two million
teens and adults.
Both the TCF Financial Scholars Program and the TCF Financial
Learning Center make use of the unique methodology
developed by EverFi, a leading education-technology
company unaf liated with TCF. The courses include video,
animations, gami cation and social networking to simplify
complex nancial concepts for teens and adults.
TCF Financial Scholars Program for Students
The TCF Financial Scholars Program is a teacher-led curriculum
that includes six to eight hours of classroom instruction
combined with an interactive online learning platform
for high school students. TCF funds the Financial Scholars
Program to make it available free to schools, many of which
are mandated to teach nancial literacy but lack the funding
for a quali ed curriculum. In 2014, the TCF Financial Scholars
Program was used in more than 340 local schools and school
districts in the communities TCF serves.
Expanding our Reach in Chicago
In 2014, TCF was proud to extend its support for nancial
education in Chicago by supporting the TCF Financial
Scholars Program in the Chicago Public School system. This
greatly expands the reach of this valuable curriculum in the
2014–2015 school year to nearly 100 high schools in the city,
encompassing more than 110,000 students.
In addition, TCF was proud to bring the same curriculum
to nearly 6,500 teens participating in One Summer Chicago,
a summer employment and internship opportunity provided
by civic organizations, nonpro ts and corporations. In
addition to receiving critical job and life-skills training,
students in the program completed the Financial Scholars
Program as part of their summer experience.
TCF Financial Learning Center for Adults
The TCF Financial Learning Center includes practical and
impartial nancial information that helps anyone manage
their money more effectively, make decisions that strengthen
their nancial future, and gain con dence in their nancial
knowledge. The eight essentials of nancial education are:
• Savings and investments
• Mortgages
• Overdrafts
• Payment types and credit cards
• Credit scores and reports
• Identity protection
• Insurance and taxes
• Financing higher education