Financial Literacy - Credit Union Seeks To Improve Financial Literacy Among Families

Effort to provide credit union members and their children with online tutorial services.

Pentagon Federal Credit Union (PenFed), the third largest credit union in the country with over a million members and assets in excess of $14.7 billion, announced today it has partnered with MathMastery to help improve financial literacy among PenFed members and their children. Available in both English and Spanish, MathMastery is the best in class for online math written and video tutorials, practice problems, and quizzes.

“We are committed to improving financial literacy among all military members, veterans, and their families. Partnering with MathMastery is one way we can achieve this,” says Frank Pollak, president and CEO of PenFed. “We believe wholeheartedly that math skills are the foundation of strong financial literacy and helping children understand the basics now will help them in the future.”

MathMastery is a leading online resource dedicated to helping students, teachers and parents learn, practice, and understand essential math skills. Students who participate in MathMastery’s online courses can expect to increase their understanding of math concepts through nine courses: Addition, Subtraction, Multiplication, Division, Tables, Graphs and Statistics, Fractions, Decimals and Percents, Geometry, Equations Roots and Exponents. Parents can trust MathMastery to provide sound instructional guidance and teachers can rely on MathMastery for daily creative and original thematic math problems.

PenFed serves nearly one million members in the Air Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies, and the Veterans of Foreign Wars. The MathMastery service will be available to them and their children.

“We are pleased PenFed chose our math applications for their members,” says Harry Hagerty, Chairman and CEO of MathMastery. “MathMastery has assembled award-winning content in math, and science for nearly 30 years and we look forward to providing these solutions to PenFed members as well.”

About PenFed

PenFed is the third largest credit union in the United States with over a million members and assets in excess of $14.7 billion. The credit union provides worldwide service to Department of Defense, Army, Marine Corps, Navy, Air Force, Coast Guard, and Department of Homeland Security personnel; members of the VFW; employees or volunteers of the American Red Cross, and others in the defense community and their families.

For more information about PenFed or to learn more about membership, visit http://www.PenFed.org or call 800-247-5626.

About MathMastery

MathMastery.com is being brought to the Internet by Systems Impact, Inc. For over 20 years, System Impact has developed engaging and instructionally sound math and science programs for the classroom. Over 800 school systems and thousands of schools have used our Core Concepts in Science and Mathematics laser disc programs. Schools using the programs have reported dramatic increases in student achievement. Independent research studies consistently have validated the programs instructional content design and effectiveness.

For more information about MathMastery, visit: http://www.mymasterynetwork.com/penfed/mathskills.html or call 888-568-6284 (MATH).


Amy Doane
Pentagon Federal Credit Union

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