WHAT WE DO:
The American Bankers Association Education Foundation's mission is to help bankers make their communities better through financial education. The Foundation works with a grassroots network of dedicated banker volunteers, banks of all sizes and charters, and state banking groups to provide education programs that lead to financial literacy. Founded and funded by bankers, the foundation is guided by a banker board and is a not-for-profit subsidiary of the American Bankers Association. (www.abaef.com)
Since April, bankers nationwide have been busy teaching financial education in an effort to reach one million students with personal finance lessons in 2009 as a part of the ABA Education Foundation's Million Child Challenge. Their hard work paid off on Tuesday, December 8, at 12:24 p.m., when The National Bank of South Carolina reported teaching an additional 765 children and passed the million mark. For being the bank to reach the one millionth child, it will receive $1,000 to donate to the group of young people they taught.
Congratulations to the more than 24,000 bankers who participated in the 2009 Million Child Challenge. By dedicating their time and talents, these dedicated bankers gave more than one million students the inspiration and tools to achieve a successful financial future. Your commitment and dedication to your communities is worth celebrating.
WHAT WE OFFER:
The ABA Education Foundation operates two national financial education programs for bankers, Teach Children to Save and Get Smart About Credit.
Corresponding TCTS & GSAC resource kits contain interactive lesson plans and activities correlated to National Standards in K-12 Personal Finance Education established by the Jump$tart Coalition® and other standards.
The foundation publishes Money Talks, a free newsletter series offering practical advice to help parents, grandparents and other caring adults teach kids and young adults about money. Each issue contains thought-provoking ideas, reading suggestions and simple activities to bring money lessons alive for young people. All issues are available online in English and Spanish.
We also publish The Spirit of Banking, a monthly e-newsletter that advocates banker-delivered financial education, such as in-school banks and features information about, research on and resources for financial education. Subscribe free of charge.
WHAT WE NEED:
A successful, sustainable education program requires strategic vision, support from executive management, allocation of resources (staff and monetary), and recognition for achievements. Ensuring long-term financial literacy in communities across the country will take the combined efforts of the banking industry, educators, and other concerned citizens.
We encourage individual teachers, school administrators, school district leaders, and state departments of education to recognize bankers as interested partners and valuable resources in the classroom. A team approach will help students learn critical financial life skills.
Please mark your calendar and a invite a local banker to speak to your class, group or organization on one of the following special dates or any time during the coming year:
We anticipate involvement from legislators at all levels and welcome contact from non-profit groups and organizations looking to partner on worthwhile financial education products.
We invite financial institutions that share our commitment to explore partnership opportunities on the local, regional and national level.
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M. Kathryn Kelly
ABA Education Foundation
1120 Connecticut Avenue, NW
Washington, DC 20036
Jump$tart Coalition for Personal Financial Literacy