Keybank & Young Americans Center Team Up To Allow More Students Access to Financial Literacy

DENVER - Feb. 27, 2015 - PRLog -- Young Americans Center for Financial Education, which provides financial education for young people, is pleased to announce that KeyBank and the KeyBank Foundation, both committed to encouraging personal financial literacy, have joined in a financial partnership to help increase the reach of Young AmeriTowne On the Road.

Young AmeriTowne On the Road is a portable, interactive environment that replicates the current awe-inspiring experience at the organization’s Cherry Creek and Lakewood locations. Catering to classes of 25-55 students, the mobile setup is ideal for connecting with low-income smaller schools in the Denver metro area and those in rural settings that have found it challenging to reach Young Americans’ current physical locations.  Combined with the AmeriTowne Cloud, a cloud-based operating system for financial transactions and community interaction, Young AmeriTowne On the Road can be set up anywhere with a wireless hotspot to serve dozens of new communities and thousands of students each year. KeyBank’s $150,000 donation supports the construction of a new, second built environment and continues the development of the infrastructure of the On the Road experience.

“KeyBank has long been a pillar for financial literacy across the United States.  In the past, they have supported our entrepreneurship program in addition to being long-time sponsors of our Young AmeriTowne initiative,” said Young Americans Center President and CEO, Richard Martinez.  “Through this new, expansive partnership, thousands more students from the Denver Metro area and across Colorado will be able to have the unique Young AmeriTowne experience that so wonderfully teaches young people to be financially responsible.”

“We are thrilled to once again partner with Young Americans Center to ensure that young people receive a hands-on experience that will enable them to prosper in the today’s economy,” said KeyBank Market President, Tom Tulodzieski.  “With the partnership, we are able to ensure that thousands of students from the Denver Metro area and in smaller schools get equivalent access to crucial personal financial literacy lessons.”

Representatives from KeyBank and the KeyBank Foundation presented a check to students participating in Young AmeriTowne on Friday, February 27.  The event marked the launch of the second version of Young AmeriTowne On the Road, which has been traveling around Colorado since August 2014 reaching new communities.  The second, KeyBank-sponsored version of Young AmeriTowne On the Road will launch begin construction in late 2015.

Young Americans Center for Financial Education is a nonprofit organization committed to developing the financial literacy of young people, up to age 22, through real life experiences and hands-on programs. The Center fulfills its mission by offering programs that complement and reinforce each other to build life skills, work skills and financial self-sufficiency. These include Young AmeriTowne, International Towne, Get aHead for Business, Money Matters classes, summer camps, and more. In addition, Young Americans Center houses the only real bank in the world for young people, Young Americans Bank, which shares the same educational mission of teaching children to be financially responsible. Since 1987, more than 600,000 youth have participated in the programs or bank. For more information on the Young Americans Center for Financial Education, visit www.yacenter.org.

KeyBank Foundation, a nonprofit charitable foundation funded by KeyCorp, makes philanthropic investments in organizations and programs that promote economic self-sufficiency for families, neighborhoods, and communities. The Foundation's three primary areas of philanthropic focus are financial education, workforce development and diversity. In each of the past seven years, through philanthropy, corporate contributions, and volunteerism, Key has given on average approximately $18 million annually to nonprofit organizations in states where KeyBank has a presence. To learn more about the KeyBank Foundation, visit https://www.key.com/foundation.

KeyBank N.A. is part of KeyCorp, one of the nation's largest bank-based financial services companies with assets of approximately $94 billion. Key  provides deposit, lending, cash management and investment services to individuals, small and medium-sized business under the name KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

For more information about Key, visit www.key.com, or follow Key on Twitter at @KeyBank_News or @KeyBank_Thrive.

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