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FDIC Hosts Webinar for Financial Capability Month


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FDIC Hosts Webinar for Financial Capability Month

For Immediate Release

April 1, 2019

Press Release

Media Contact:
LaJuan Williams-Young
202-898-3876
Lwilliams-young@fdic.gov

FDIC Hosts Webinar for Financial Capability Month

Highlights Free Financial Education Tools

In recognition of Financial Capability Month, the FDIC will host a webinar on April 17 to help organizations learn how to use Money Smart tools. This webinar will also explain the benefits of joining the FDICs Money Smart Alliance, a free resource to help organizations learn new approaches and strategies on how to use Money Smart tools.

The FDIC is also highlighting its free financial education tools to help people of all ages build their financial knowledge and skills to achieve brighter financial futures.

These free resources include:

  • Money Smart for Adults, this recently updated 14-module curriculum can be used to provide training for adults in many different life stages and financial situations.
  • Money Smart for Older Adults, developed with the CFPB, and focused on preventing elder financial exploitation.
  • Money Smart for Young People, featuring lesson plans and Parent/Caregiver Guides to help educators deliver basic financial concepts to students in kindergarten through 12th grade.
  • Money Smart for Young Adults, offering a fully scripted instructor guide that bankers and others without teaching experience can use to engage young people ages 12-20.
  • Money Smart for Small Business, developed with the U.S. Small Business Administration to provide information related to starting and managing a business.
  • Youth Banking Resource Center, helping financial institutions connect financial education tools to savings accounts for school-aged children.
  • Youth Employment Resource Center, helping connect youth employment programs with Money Smart and strategies to offer bank accounts to program participants.
  • FDIC Learning Bank, a site that provides information for young people about using money wisely, how banks work, and the differences between types of bank accounts.
  • FDIC Consumer News, offering practical guidance on how to become a smarter, safer user of financial services.
  • Savings-Related Resources, a website that provides savings-related resources for financial institutions, community-based organizations, and others.

The FDICs Money Smart curriculum and related resources help people gain the knowledge, confidence, and skills to use banks more effectively and manage their finances. These resources can be a valuable tool for banks to build deeper relationships with their customers, said FDIC Chairman Jelena McWilliams.

To register for free FDIC webinars, visit https://www.fdic.gov/consumers/consumer/moneysmart/training.html. All of the FDIC's free financial education resources are available on the web site at www.fdic.gov/education.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public condence in the nations banking system. The FDIC insures deposits at the nations banks and savings associations, 5,406 as of December 31, 2018. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollarsinsured nancial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDICs Public Information Center (877-275-3342 or 703-562-2200). PR-29-2019



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Original article from FDIC Press Releases - Recent Updates updated 4/1/2019