Firelands FCU partners with Zogo
Apr. 29—BELLEVUE — Firelands Federal Credit Union (Firelands FCU) has partnered with Zogo, a leading financial technology company, to bring Zogo's financial literacy app to Firelands FCU members.
The app, developed by a group of Duke University students, guides teens through 800+ bite-sized financial educational modules that meet the national standards for financial literacy. As users successfully answer questions, they will accumulate points they can redeem for gift cards.
According to a study by Junior Achievement, approximately 84% of teens say they look to their parents for information about money. However, T Rowe Prices 11th Annual Parents, Kids, and Money Survey found that nearly half of the parents said they miss opportunities to talk to their kids about money. A quarter said they are very reluctant to discuss financial topics with their kids. However, the same report found that 3 out of 4 parents think financial apps are an excellent way to teach about financial matters.
"Zogo provides a fun and modern approach to a topic that can often feel uninteresting and overwhelming," said Firelands FCU President/CEO Brett Montague. "This partnership was the best next step in expanding our financial literacy programs in the areas we serve."
"Growing up, we didn't have good experiences learning finance," added Bolin Li, CEO and co-founder of Zogo. "With Zogo, we wanted to create a financial education experience our peers would actually use. We are excited to partner with Firelands FCU to bring this vision to life."
The Zogo app is now available to Firelands FCU members at no cost on the Apple App Store and Google Play Stores. Once downloaded, enter the access code "FIRELANDS" to get started! Learn more about this partnership by visiting www.firelandsfcu.org.