Fast Facts: FINANCIAL LITERACY

Part II: Working Together

The federal government, state government, schools, non-profits, and financial services companies working

together to improve financial literacy in America.

FACT: 25 states require personal finance instruction to be incorporated into high school coursework. Four states

(Missouri, Tennessee, Utah, Virginia) require a full semester course devoted to personal finance.

View state-by-state requirements here.

FACT: As of 2009, over 50 federal financial literacy initiatives were under way, spread widely among many different

federal agencies.

FACT: Financial service companies offer free financial education such as:

The Allstate Foundation

Moving Ahead Through Financial Management: A Financial Education Program to Break the Cycle of

Domestic Violence

AXA Financial, Inc.

Women's Guide to Retirement and Retirement Planning

BB&T Corporation

Learn & Plan Financial Education

BBVA Compass

Financial Education

Capital One Financial Corporation

MoneyWi$e.org: An adult financial literacy program

Bank It: A financial literacy program for youth and their parents

Charles Schwab Corporation, The

Money Matters: Make it Count

Schwab MoneyWise®

CitiGroup Inc.

Financial Education Curriculum

City National Corporation

Dollars + Sense Financial Literacy Program

First Commonwealth Financial Corporation

Financial Education

Genworth Financial

My Money My Future

HSBC North America Holdings, Inc.

YourMoneyCounts®

JPMorgan Chase & Co.

Financial Education Library

KeyCorp

Financial Education

MasterCard Worldwide

Priceless Pointers

Kids, Cash, Plastic and You

The PNC Financial Services Group, Inc.

School Bank Program

HomeBuyer Club – First-Time Home Buyer Education

Principal Financial Group

Dream Again Planning Center

Raymond James Financial, Inc.

FDIC Money Smart

Bank on St. Pete Program

Project Prosper

Junior Achievement

Teach Children to Save Day – annual event

HOPE Expo – Raymond James sponsors/hosts the HOPE Expo, which includes home buyer and other

financial literacy classes.

RBC Bank USA

Everyday Financial Advice

RBS Americas (Citizens Financial Group, Inc.)

MoneyHelp®

Regions Financial Corporation

Scholars & Dollars

FDIC MoneySmart for Young Adults (Ages 12-20)

FDIC MoneySmart for Adults (English) (Spanish)

Partner with Freddie Mac to ensure local non-profits have access and are trained on "Credit Smart."

Partner with Cemark to provide "How to do your Banking" in schools throughout Regions' footprint

State Farm Insurance Companies

Finances Learning Center

Make It Possible Program

TD Bank

WOW! Zone

Unum

20 Ways to Take Advantage of Your Company Benefits Plan

U.S.Bancorp

U.S. Bank Credit Wellness Center

U.S. Bank Center for Economic Education at Dominican University

U.S. Bank Financial Scholars Powered by EverFi

Teach Children to Save

Get Smart About Credit

Junior Achievement

FDIC Money Smart

FDIC Money Smart for Young Adults

FTC’s Preventing Identity Theft

U.S. Bank of Bearville: Expanding the reach of financial education

Visa Inc.

Practical Money Skills for Life

Wells Fargo & Company

Hands on Banking / El futuro en tus manos

FACT: At least 34 financial literacy programs are available for free for individual or classroom use. Of these

programs, 22 curricula can be completed online, and 6 curricula provide free volunteer tutors.

Financial literacy is about more than basic banking. It is about retirement savings, insurance, student loans,

helping the underbanked, serving the military, and more. The Financial Services Roundtable keeps track of

the various financial literacy efforts of member companies in each of these categories. Contact Judy Chapa,

VP of Financial Literacy, at judy@fsround.org for more information.

(As promised, answers to last week’s quiz questions from the U.S. Treasury’s Financial

Capacity Challenge: 1. C, 2. C, 3. B, 4. A, 5. B)