The Pennsylvania Council on Financial Literacy works with teachers statewide to give our students a better understanding of personal finance decision-making, to improve our children’s future and this country’s economic prosperity. Never in our lifetime, has the price of failure been too high, to ignore.
Schools across Pennsylvania competed in the Pennsylvania Council on Financial Literacy’s Stock Market Challenge, from the world leader in financial simulations, Stock-Trak. First Keystone Community Bank, a tremendous essential company, generously sponsored this program for Columbia County. Weis Markets, in part, will sponsor the statewide competitions. Teams of students each managed a hypothetical investment of $100,000 in stocks, bonds, and mutual funds and made buying and trading decisions based on the stock market. The students who traded and finished the competition with the most money won.
Central Columbia School District ranked third place in the high school division and first place in the middle school division for the Columbia County spring 2020 competition. The winning high school student is Jack Burkhart. He worked under the guidance of teacher, Shirley Schrader. Evan Huckans won in the middle school division and worked under the guidance of teacher, Tammy Coroian.
First Keystone Community Bank, a subsidiary of First Keystone Corporation, has been owned and operated by local men and women since 1864. First Keystone Community Bank has grown from one 18'x25' building in Berwick to 18 full-service offices locations throughout Columbia, Luzerne, Montour and Monroe Counties.
The Pennsylvania Council on Financial Literacy’s (PennCFL) sponsored stock market competition offers players in grades 3-12 a chance to play the stock market by investing in stocks chosen from the USA markets: American, New York and NASDAQ exchanges. The competition teaches students about investing and encourages financial literacy through a totally web-based curriculum, assignments with grading, videos and more. A Budget Challenge Simulation was added in April 2020, and our online entrepreneurship programs were approved by the state in February 2020, for an August launch. Being totally web-based, beyond our normal events, has allowed us to remain strong in the pandemic.
PennCFL’s mission is to provide Pennsylvania’s K-12 students with economic, personal finance, and entrepreneurship skills that elevate their standard of living, quality of life, and professional success. PennCFL sponsors web-based financial games and programs with the participation of over twenty thousand students in Pennsylvania. Also, they offer online and traditional entrepreneurship conferences and competitions with partnering colleges and universities. We showcase exceptional talent across the state, from business, education and government. We team up with a select group of forward-looking corporate partners who understand the powerful relationship between financial literacy and economic prosperity.