Financial Literacy Resources from ICBA and Visa
ICBA and Visa USA are offering sophisticated printed and Web-based resources for community banks to use in their financial literacy outreach to parents, classroom teachers, and students of all ages.
The resources include Practical Money Skills for Life and What's My Score, programs designed to give younger people a solid start in building a strong financial future. The resources can also be used to help teachers and parents develop a comprehensive financial literacy program.
Other ICBA Educational Resources.
Banks Make Financial Literacy Honor Roll
The latest issue of ABA Bankers News, June 19, 2007, includes an honor roll listing 1,495 banks that participated in National Teach Children to Save Day, including those from Tennessee. Pictures submitted by some of these banks also are featured in a free commemorative poster available from the ABA Education Foundation.
Read the honor roll.
View the poster.
More States Offer Standards For Teaching Personal Finance
While 40 states have standards for teaching personal finance lessons—up from 34 in 2004—only seven states require high school students to take a personal finance course, and only nine require schools to test students' personal finance knowledge.
Those are the mixed results of the National Council on Economic Education's latest Survey of the States, released yesterday. The survey also assessed states' standards for teaching economics and entrepreneurship.
Read more .
The ABA Education Foundation offers resources to help bankers teach personal finance skills in schools and communities. Read more about ABA's resources.
FDIC Issues Suggestions for Managing Money
The winter issue of FDIC Consumer News, released yesterday for National Consumer Protection Week, features practical suggestions for dealing with money matters. Read More.
OTS Issues Consumer Brochure on Gift Cards
As part of the Office of Thrift Supervision's Consumer Protection Week series, yesterday the agency unveiled a brochure, "Consumer Fact Sheet: Buying, Giving, and Using Gift Cards," that gives advice on gift cards issued by financial institutions. Read More.
For more consumer information visit the Press Room Consumer Information page
PEP Fact Sheet
PEP stands for the Personal Economics Program sponsored by the Tennessee Bankers Association. Nationally, the American Bankers Association Education Foundation coordinates the program. The program promotes understanding of banking and financial services.
PEP programs are designed to fit your needs and can include virtually any topic in the banking and financial industry. Examples of PEP sessions include credit responsibilities, checking account management, and careers in banking.
Bank tours following PEP sessions for school children are popular in the program. Your PEP banker can arrange a general bank tour or design a tour centered around your topic of interest.
Who:
PEP is for everyone, regardless of age. Sessions can be structured to fit the educational level and need of your group. PEP sessions are excellent for kindergarten classes, junior and high school classes, college classes, adult civic groups and young adult clubs.
Where:
PEP is everywhere throughout Tennessee, or, at least can be. PEP sessions are conducted by volunteer bankers. Over 300 Tennessee bankers participate in PEP. If you are interested in scheduling a PEP presentation contact your local bank.
Why:
The TBA sponsors the PEP program to help educate the community on banking issues. PEP training and materials are offered to TBA members through the association.
How:
To schedule a PEP session or to learn more about the program, e-mail or call Monique Jenkins at 615-244-4871 or 800-964-5525.
