Brooklyn Students Enjoy First-hand View of Stock Exchange, Receive Personal
Finance Education
SAN FRANCISCO, March 19 /PRNewswire-FirstCall/ -- Among the many people on
hand today at the New York Stock Exchange to witness Visa Inc.'s (NYSE: V)
first day of trading were 30 students from Kappa V Middle School in Brooklyn.
The company brought the students to the exchange floor for the opening bell
and conducted its first public trade on behalf of Teach For America, the
national corps of top college graduates who commit two years to teach in rural
and urban public schools, including Kappa V.
"Visa has been working for more than a decade to promote financial
literacy -- particularly with students and young adults," said Joseph W.
Saunders, Chairman and CEO, Visa Inc. "These children -- like millions more
across the U.S. and around the world -- are at an age when learning about
money management is vitally important. Today's milestone is a great
opportunity to bring young people into one of the world's financial hubs and
show them the importance of good money management."
Saunders personally conducted the first trade of Visa Inc.'s public stock
by buying 1,000 shares in the name of Teach For America, a nonprofit
organization dedicated to ending educational inequity in our country. The
organization will receive the shares as a donation. Visa also plans to conduct
an in-depth session at Kappa V on building good money management skills led by
Visa's director of financial education. The in-person session will be based on
resources available through Visa's "Practical Money Skills for Life" and
"What's My Score?" financial literacy programs, which are available at no cost
to teachers and consumers every day around the globe.
"The children of Kappa V are thrilled to be a part of Visa's first day of
trading," said Dellie Edwards, the Interim Acting Principal of Kappa V. "The
students at our school sincerely appreciate Visa's commitment to helping young
people understand how to handle their finances."
Visa's Practical Money Skills for Life (www.practicalmoneyskills.com) is a
free, award-winning, teacher-tested and teacher-approved financial education
program that is available in English, Spanish and Chinese.
More information about the Teach For America program is available at
www.teachforamerica.org.
About Visa: Visa Inc. operates the world's largest retail electronic
payments network providing processing services and payment product platforms.
This includes consumer credit, debit, prepaid and commercial payments, which
are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa
enjoys acceptance around the world and Visa/PLUS is one of the world's largest
global ATM networks, offering cash access in local currency in more than 170
countries.
Contacts:
Sandra Chu, Media Relations
Visa Inc.
Tel: +1 415 932 2564
E-mail: globalmedia@visa.com
Satellite Feed of Visa's First Public Trade:
DATE OF FEED: Wednesday, March 19, 2008
TIME OF FEED: 11:15-11:30 AM ET
CO-ORDINATES: GAL26K-17 SLOT B 9MHZ DNLK 12022 V sym 6.1113, fec 3/4
TIME OF FEED: 4:15-4:30 PM ET (repeat)
CO-ORDINATES: GAL26K-17 SLOT B 9MHZ DNLK 12022 V sym 6.1113, fec 3/4
SOURCE Visa Inc.
CONTACT: Sandra Chu, Media Relations of Visa Inc., +1-415-932-2564,
globalmedia@visa.com