Community Bankís financial literacy program provides training to children and adults about the basics of savings, spending, budgeting, and credit. Every branch has a dedicated financial literacy representative that goes out to schools, church groups, and networking groups to talk about financial literacy.
The bank uses several programs including Teach Children to Save, Get Smart About Credit, Money Smart and Building Wealth. Several of our branches offer tours of their vault. We reach 1000 plus students annually with our in-school financial literacy programs.
Hereís a quick description of each program:
- The Teach Children to Save Program, from the ABA Education Foundation, provides different lesson plans on savings and spending by grade level. Community Bank uses this one primarily for elementary schools and gives presentations in April and by request at other times during the year.
- The Get Smart About Credit Program, also from the ABA Education Foundation, provides credit basics through case studies and evaluations. This program is popular with Community Bankís high schoolers. Presentations are given in October and by request throughout the school year.
- The Money Smart Program, from the FDIC, provides banking, borrowing, budgeting and money basics through learning modules. It is available in an instructor led format, self-paced CD, and online. There is also a "Money Smart for Young Adults." Community Bank uses the instructor led Money Smart with local church groups, networking groups and when schools request additional financial literacy presentations. The Money Matters module on budgeting is the most popular. If you are interested in the free self-paced course or downloading the audio (.mp3) version, click here.
- Building Wealth - A Beginnerís Guide to Securing the Financial Future, from the Dallas Federal Reserve, is a personal finance education resource for schools, nonprofit community organizations, financial services providers and consumers to help young people, adult consumers, families and others develop a plan for building personal wealth. It presents an overview of personal wealth-building strategies that includes setting financial goals, budgeting, saving and investing, managing debt, and understanding credit reports and credit scores. Available formats include paper, online, and mobile app.
Community Bank also has a free online financial resource library and other there are supplemental resources available upon request. To get more information or schedule a program, contact Sammie Simpson, Financial Literacy Advocate, Community Bank, 1300 South University Dr., Ste 100, Ft Worth, Texas 76107, (817) 698-7181, firstname.lastname@example.org.