Groundbreaking Initiative Promotes Financial Literacy And Inclusion

Buffs Partner with Elevation CU to Open Accounts for Football Players' Kids

Groundbreaking Initiative Promotes Financial Literacy and Inclusion

Financial Empowerment for Young Buffs

The University of Colorado Boulder football program has joined forces with Elevation Credit Union in a groundbreaking initiative aimed at fostering financial literacy and inclusion among the children of student-athletes.

The partnership, formally announced on August 10, 2023, entails the opening of individual savings accounts for each child of every football player on the Buffs roster.

Benefits for Student-Athletes and their Families

• Financial Literacy Workshops: Elevation CU will provide financial literacy workshops tailored to the specific needs of student-athletes and their families.
• Financial Education Resources: Players will have access to online financial education resources and guidance from Elevation CU experts.
• Account Monitoring and Support: Parents will receive regular account updates and support to help their children manage their finances.

Quotes from Key Stakeholders

"We want our players to not only succeed on the field but also off the field," said Karl Dorrell, head coach of the Colorado Buffaloes football team.

"This partnership with Elevation CU will provide our student-athletes and their families with the tools and resources they need to achieve financial success," added Dorrell.

"We are thrilled to partner with the University of Colorado Boulder football program to make a positive impact on the lives of young people," said Chris Uhlenbrock, president and CEO of Elevation Credit Union.

"This initiative aligns perfectly with our mission of fostering financial empowerment within our communities," added Uhlenbrock.

Impactful Storytelling: A Real-Life Example

One of the first Buffs players to benefit from the partnership is wide receiver Jordyn Tyson. Tyson, a father of two young children, was grateful for the opportunity to open savings accounts for them.

"This means a lot to me and my family," said Tyson.

"It's important for our kids to learn about money management early on, and this partnership with Elevation CU is giving them a head start," added Tyson.

Call to Action

The Buffs' partnership with Elevation CU is a testament to the growing importance of financial literacy and inclusion. By providing young people with the tools and resources they need to succeed financially, we can create a brighter future for them and our communities.

We encourage other universities and financial institutions to follow the lead of the Buffs and Elevation CU and invest in the financial empowerment of young athletes.