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Capital One Engages Washington, DC Area Students in Series of Innovative Financial Education Programs.


Middle Grade Students in D.C. and Virginia Participate in Finance Park and Sliding into Succe$$

MCLEAN, Va. -- For the second consecutive year, Capital One (NYSE NYSE

See: New York Stock Exchange
:COF) is sponsoring a series of fun, interactive financial education programs for middle grade students in the Washington, D.C. metropolitan area. In partnership with Junior Achievement Worldwide[TM] (Junior Achievement), middle grade students will hone their math skills and learn the fundamentals of budgeting and money management through Capital One/Junior Achievement Finance Park[TM], an innovative mobile "community" designed to introduce students to money management basics through hands-on learning. In addition, students will experience Sliding Into Succe$$, an interactive curriculum based on the business of baseball through a unique partnership that Capital One has formed with Junior Achievement of the National Capital Area and the Washington Nationals This article is about the current Major League Baseball team. For other uses, see Washington Nationals (disambiguation).
The Washington Nationals are a professional baseball team based in Washington DC.
.

Basic financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK.  and money management skills are crucial building blocks for success, but recent studies conducted by the Jump$tart Coalition, have shown that too many young people are still not prepared to manage their finances when they graduate high school. Capital One is working with Junior Achievement to address this gap with Finance Park and Sliding Into Succe$$.

"At Capital One, we believe that it is never too early to start helping young people understand the importance of their financial decisions - and this middle school population is often overlooked," said Richard Woods, Senior Vice President of Corporate Affairs. "These innovative, experiential programs bring money management out of the classroom and into a fresh environment that engages students on a personal level and makes a longer-lasting impact."

Capital One/Junior Achievement Finance Park

More than 1,500 students from Washington, D.C. and Fairfax County Public Schools The Fairfax County Public Schools system (abbreviated FCPS) is a branch of the Fairfax County government which administers public schools in Fairfax County and the City of Fairfax.  are expected to visit Finance Park over the next four months. Finance Park was created to help seventh- and eighth-graders gain a realistic understanding of financial issues by combining JA classroom instruction and an interactive mobile life-simulator.

When students enter Finance Park after participating in several preparatory classroom lessons, they assume the roles of adults who are the sole providers for their families. Each student has an income and existing financial obligations. During the day-long activity, they make choices to provide for their families' needs while staying within a budget, juggling housing, utility, transportation and credit card expenses. Along the way, they'll discover the rewards and pitfalls that can result from the decisions that they make.

Last year, the U.S. Chamber of Commerce The U.S. Chamber of Commerce is the world's largest not-for-profit federation of businesses, representing more than 3 million businesses and organizations in the United States. As of 2003, the chamber was comprised of 3000 state and local chambers and 830 business associations.  recognized the partnership between Capital One and Junior Achievement with a Corporate Citizenship Corporate Citizenship

The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while
 Award for creating interesting and valuable programs that teach school kids from low- to moderate-income families to become more financially literate and understand the connection among education, life skills and career development.

Plans are currently under way to bring Finance Park to Richmond, Va.; and communities in Texas later this year.

Sliding into Succe$$

Through the Sliding Into Succe$$ program, hundreds of fifth through seventh grade students from Washington, D.C. Public Schools will work together to make talent decisions for their own fantasy baseball Fantasy baseball is a game whereby players manage imaginary baseball teams based on the real-life performance of baseball players, and compete against one another using those players' statistics to score points.  team. The students calculate batting averages by using individual player statistics and then evaluate various trade options and make player selections while staying within a specified budget. Nationals All-Star relief pitcher relief pitcher
n. Baseball
A pitcher who replaces another during a game.

Noun 1. relief pitcher - a pitcher who does not start the game
fireman, reliever
 Chad Cordero Chad Patrick Cordero (born March 18, 1982 in Upland, California) is currently a right-handed relief pitcher in Major League Baseball for the Washington Nationals. He broke into the big league ranks with the Montréal Expos.  will serve as program spokesperson and visit with groups of students, parents and teachers from each of the participating 15 Washington D.C. schools during pre-game outings at RFK RFK Robert F. Kennedy
RFK Robotfindskitten (game)
RFK Razorfen Kraul (World of Warcraft)
RFK Ride For Kids
RFK Request for Knowledge
RFK Raum Funktionales Konzept
 Stadium. The school groups receive tickets to a baseball game Noun 1. baseball game - a ball game played with a bat and ball between two teams of nine players; teams take turns at bat trying to score runs; "he played baseball in high school"; "there was a baseball game on every empty lot"; "there was a desire for National League  and goodie good·ie  
n.
Variant of goody1.
 bags.

Volunteerism

Hundreds of Capital One associates will volunteer this summer to teach many students from the Washington, D.C. metro area the basics of budgeting and money management through Finance Park. A majority of our associates report that volunteerism makes them feel good about working for Capital One. In 2006, associates volunteered more than 30,000 hours - with nearly 4,000 of those hours specific to teaching financial education. Giving back comes naturally to our associates and Capital One encourages a culture of volunteerism through a flexible work arrangement policy. Approximately 90 percent of our volunteers believe that they are making a difference in the community.

For more information on Capital One's financial education initiatives, consumers are invited to visit www.capitalone.com/financialeducation.

About Capital One

Headquartered in McLean, Virginia, Capital One Financial Corporation (www.capitalone.com) is a financial holding company, with more than 720 locations in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, New Jersey, Connecticut, Texas and Louisiana. Its principal subsidiaries, Capital One Bank, Capital One, F.S.B., Capital One Auto Finance, Inc., Capital One, N.A., and North Fork Bank North Fork Bank was an American bank headquartered in Melville, New York purchased by Capital One at the end of 2006 for $14.6 billion U.S. dollars. It was only the second bank bought by Capital One, and was the larger of two acquisitions comprising Capital One's 2005-06 expansion  offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One's subsidiaries collectively had $87.7 billion in deposits and $142.0 billion in managed loans outstanding as of March 31, 2007. Capital One, a Fortune 500 company, trades on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the symbol "COF" and is included in the S&P 100 index.

About Junior Achievement

Junior Achievement of the National Capital Area (JANCA) is part of the world's largest and fastest-growing organization dedicated to educating young people about business, economics, and free enterprise. Through age-appropriate curricula, Junior Achievement programs teach students in grade K through 12 how they can impact the world around them as individuals, workers and consumers by focusing on economic literacy, entrepreneurship, personal finance, and workforce readiness. Today Junior Achievement reaches more than six million students worldwide and 28,000 in the Greater Washington Region. For more information, visit www.myJA.org.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:May 14, 2007
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