Monday, January 18, 2010

WTVI and Bank of America provide financial education to women in need

The Federal Deposit Insurance Corporation (FDIC) initiated a national financial education campaign in 2001 by launching Money Smart, a comprehensive financial education curriculum designed to help individuals outside the financial mainstream build financial knowledge, develop financial confidence, and use banking services effectively. Far exceeded its original commitment to reach one million consumers, the FDIC is working diligently to form alliances with other major entities, including financial institutions, national non-profit organizations, community- and consumer-based groups, and federal, state and local agencies to promote financial education.

WTVI and Bank of America are two such organizations making classes possible in our region. The first ten-week class was at Charlotte's Salvation Army Center of Hope.

"WTVI is excited to play a part in helping people learn how to save money, buy homes, and meet other financial goals," says Beverly Dorn-Steele, WTVI's Director of Community Engagement.

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