Educational Program Launched to Empower Central Indiana Youth and Adults with Financial Literacy
INDIANAPOLIS ─ (May 16, 2022) ─ OneAmerica® today announced a $1 million commitment to activate a tailored financial literacy program in central Indiana. In conjunction with the American College of Financial Services, the program will provide practical financial understanding to build a personal relationship with finance and foster economic empowerment, with a focus on closing the racial wealth gap.
The innovative program, which will be funded over a five-year period, is a cutting-edge education and empowerment experience that teaches important personal finance concepts. Using the American College of Financial Services’ e-learning design and delivery philosophy and building on the College’s Financial Wellness Program originally created for Historically Black Colleges and Universities (HBCUs) , Indiana’s program will expand into a more regional model. It will not only include colleges and universities, but will also expand to collaborations with other nonprofits. OneAmerica’s investment will now help deliver the program to educational institutions and nonprofits in central Indiana.
OneAmerica, The American College, Martin University, Ivy Tech Community College, and other nonprofits will collaborate to bring the educational opportunity to the central Indiana community beginning in August 2022.
“Building on the enthusiasm we’ve seen from our OneAmerica Pathways students to deepen their understanding of personal finance, we see this program as an opportunity to provide an important financial education resource – one that can build a foundation for economic empowerment and wealth creation,” said OneAmerica President and CEO Scott Davison. “OneAmerica has an absolute commitment to impact and results and we look forward to working with local nonprofits to deliver a program that creates an easily accessible path to financial education in central Indiana.”
Developed by American College, the research-based program is designed to meet people where they are, enable self-study and progression with learning modules, and provide the tools and confidence to develop strong financial habits. Already working with Martin University and Ivy Tech to adapt the curriculum, the content will continue to evolve to meet the specific needs and interests of central Indiana residents.
“Financial well-being is a personal journey. The College pledged to build on the success of our program in HBCUs with the right partners committed to having impact and results in their communities,”
said American College President and CEO George Nichols III. “OneAmerica has demonstrated not only its commitment to critical thinking, but more importantly, enabling significant opportunities that open doors with real-world applications. Additional partners translate to a deeper impact in closing the racial wealth gap through education and financial wellness empowerment. This is a very promising next step.
The program will be provided free of charge to participants.
Dr. Sean L. Huddleston, president of Martin University and Lori Handy, vice chancellor of sponsored programs at Ivy Tech Community College, along with several other community organizations joined Davison and Nichols for the announcement.
Davison has been at the forefront of important local and national efforts to improve opportunities for underserved communities. Today’s announcement follows the American Council for Life Insurers’ (ACLI) recent commitment to Impact Investing to expand affordable housing, using its large capital assets for long-term bonds and investments. OneAmerica is also nearing the start of its fourth year for its award-winning Pathways program, introducing high school students in select Indianapolis ZIP codes to financial services work and career opportunities. As a board member of the Central Indiana Corporate Partnership, Davison is also engaged as Chairman of the Business Equity Indianapolis (BEI) committee, meeting with local African-American businesses and community organizations to achieve better business results. .
Nichols and Davison collaborated to activate additional opportunities for black and brown communities. While Davison was chairman of the College’s Board of Trustees, he helped support several new American College initiatives, including the launch of an Economic Empowerment Center and the growth of the Conference of African Financial Professionals. -Americans.
Nichols remains a respected and sought-after voice in the financial services community, as a 30-year industry veteran and a driving force for economic equality throughout his career, and most recently with recent initiatives and innovations from American College.
Lou Ann Baker
Director of Media and Public Relations, OneAmerica
OneAmerica is the trading name of the OneAmerica companies.
A national provider of insurance and financial services for more than 140 years, OneAmerica companies help customers build and protect their financial future. OneAmerica offers a variety of products and services to meet the financial needs of its policyholders and customers. These products include pension plan products and recordkeeping services, individual life insurance, annuities, asset-based long-term care solutions and employee benefit plan products. Products are issued and underwritten by OneAmerica companies and distributed through a nationwide network of employees, agents, brokers and other sources who are committed to delivering value to our customers. To learn more about our products, services and OneAmerica companies, visit oneamerica.com/about-us/companies-of-OneAmerica.
About the American College of Financial Services
The American College of Financial Services was founded in 1927 and is the nation’s largest nonprofit educational institution devoted to financial services. Holding the highest level of academic accreditation, the College has trained one in five financial advisors in the United States and offers two graduate programs, as well as prestigious financial planning designations such as the Retirement Income Certified Professional® (RICP®), Certified Life Underwriter® (CLU®), Certified Wealth Management Professional® (WMCP®), Certified Philanthropy Advisor® (CAP®), Certified Special Needs Consultant® (ChSNC®), Chartered Financial Consultant® (ChFC®)and education leading to Certified Financial Planner™ (CFP®) certification. College faculty represent some of the financial services profession’s foremost thought leaders. Visit TheAmericanCollege.edu and join us on LinkedIn, Facebook, Twitter, instagram and Youtube.