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02/17/2012 FDIC Adopt-a-School Pilot Program

FDIC Adopt a School

FDIC Adopt-a-School Pilot Program

WHAT WE DO:

Headquartered in Washington, D.C. the Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails. 

WHAT WE OFFER:

Adopt-a-School Pilot Program

This pilot program allows 100 FDIC employees to use official time (up to 12 hours per quarter) to engage in financial education-related activities at underserved schools.                                         

This program is targeted to students in grades 6-12 and is available to schools (including charter or private schools) that meet any one of the following criteria:

  • Schools in a low-or moderate-income census tract or rural area;
  • Middle or high schools targeting girls;
  • Middle or high schools where a majority of enrolled students are minority.  The primary factors to measure minority status will be race and ethnicity; and
  • Middle or high schools where a majority of enrolled students are individuals with disabilities. 

FDIC staff who volunteer in the program can work with schools to indirectly or directly provide financial education training for students.  Indirect activities generally focus on building or supporting a financial education program by empowering teachers to effectively teach financial education. Direct activities include an employee personally teaching financial education as a guest instructor in the classroom or teaching or mentoring students on personal finance issues through after-school programs conducted on school premises.  An employee volunteer teacher may combine the two types of activities by serving as a guest teacher on financial education and discussing with teachers material that they can teach independently. 

Financial education resources

FDIC also provides educators, financial institutions, and other stakeholders quality financial education resources.  For example, the Money Smart for Young Adults curriculum enables instructors to teach those age 12-20 the basics of money management.  The FDIC’s quarterly Consumer News provides practical guidance on how to become a smarter, safer user of financial services. Each issue offers helpful hints, quick tips, and strategies to protect and stretch your hard-earned dollars.

WHAT WE NEED:

Middle Schools and high schools to participate in the FDIC’s Adopt-a-School Pilot Program by agreeing to collaborate with FDIC employees to promote financial education at the school. 

CONTACT INFORMATION:

Questions about this program should be addressed to Community Affairs Specialist Phyllis Pratt, (703) 254-2245 or Luke W. Reynolds, Chief, Outreach & Program Development, (703) 254-1045 or via email to Turn on JavaScript!

 

Learn more about FDIC’s financial education resources at www.fdic.gov/moneysmart.