Pilot program will facilitate financial education initiatives in underserved communities

Experian®, and the National Bankers Association (NBA) Foundation today announced a new pilot program focusing on financial literacy outreach in underserved communities. This initiative will reach consumers through NBA member banks, many of which are located in distressed urban centers.

Consumers will have the opportunity to learn how to better manage debt, how to check a credit report, what a credit score really means, how to protect themselves against identity theft and how life circumstances affect personal finances. Comprehensive and multifaceted education outreach plans will be instituted by each of the NBA banks participating in the initial pilot program. The project then will be expanded to other member banks throughout the United States. Education outreach will be conducted at bank branches, community schools, local churches and community organizations. A companion Website also will be developed, providing a streamlined method for member banks to access the entire curriculum, additional information, presentations and materials. Source: Experian Press Release

BIIA Newsletter February 2010 Issue