[CircleUp] FW: Financial Literacy Update - October/November 2009

Mon Oct 5 13:55:32 EDT 2009

Apologies for cross postings.

 Comptroller of the Currency, Administrator of National Banks
<http://www.occ.gov/graphics/OCC_commaffairsleft.gif> 

Financial Literacy Update 

Community Affairs

October/November 2009

The Office of the Comptroller of the Currency (OCC)'s Financial Literacy
Update is a bimonthly e-newsletter containing information about upcoming
financial literacy events, new initiatives of the OCC and other government
agencies and organizations, and other related resources. 

Financial Literacy Update provides brief descriptions and Web links for
upcoming events in chronological order. We list new initiatives and
resources (with Web links) in alphabetical order. We welcome your feedback
on the Financial Literacy Update. Please e-mail us at
communityaffairs at occ.treas.gov.

Upcoming Events - New Initiatives - New Resources

Upcoming Events

 <http://www.regonline.com/builder/site/Default.aspx?eventid=750976> Second
Annual Financial Literacy Leadership Conference

October 5-6, 2009 (Washington, D.C.)

The Second Annual Financial Literacy Leadership Conference, presented by the
Society for Financial Education and Professional Development, Inc. brings
together leaders in the field of financial literacy to develop effective
strategies and partnerships to address pertinent issues.

 <http://www.councilforeconed.org/conference/> 2009 Annual Conference for
Economic Education

October 7-10, 2009 (Washington, D.C.)

The Council for Economic Education, National Association of Economic
Educators, and Global Association of Teachers of Economics holds its 2009
annual conference. The conference focuses on grades K-12 economic, personal
finance, and entrepreneurship education.

 <http://www.chicagofed.org/education/msw/in_index.cfm> 2009 Money Smart
Week Indiana

October 10-17, 2009 (Throughout the state)

Money Smart Week Indiana events are designed for all ages and backgrounds
and include topics on teaching children how to save as well as helping
seniors manage their finances. Events are held throughout the state, and
some will be offered or advertised in Spanish.

 <http://www.chicagofed.org/education/msw/wi_index.cfm> 2009 Money Smart
Week Wisconsin

October 10-17, 2009 (Throughout the state)

Community groups, government agencies, financial advisers and businesses
will attend Money Smart Week Wisconsin events to answer questions on how to
handle finances and to teach children about handling money.

 <http://www.aba.com/ABAEF/default.htm> 2009 Get Smart About Credit

October 15, 2009 (Local Schools)

Get Smart About Credit Day is an annual event held in October when bankers
visit local classrooms to share with students the "credit facts of life."
October 15, 2009 is the date of this year's event, the seventh annual. The
foundation hosts six free Webinars
<http://www.aba.com/ABAEF/WebinarInfo.htm>  to review tips on using the Get
Smart About Credit Day Resource Kit, planning an event, sharing best
practices, and positioning the event for Community Reinvestment Act credit.

 <http://www.protectyouridnow.org/> 2009 Protect Your Identity Week

October 17-24, 2009

The National Foundation for Credit Counseling and the Council of Better
Business Bureaus are sponsoring the second annual Protect Your Identity
Week. During PYIW week, hundreds of identity theft protection events will be
held in communities across the nation. At local events, consumers can take
advantage of education workshops, the shredding of documents, and credit
report reviews - - all free of charge and open to the public. A consumer Web
site, in English and Spanish has been developed to highlight PYIW events and
provide valuable identity theft awareness and prevention education.

 <http://www.choosetosave.org/asec/index.cfm?fa=partners-meeting> American
Savings Education Council Partners Meeting

October 21, 2009 (Washington, DC)

The Fall 2009 American Savings Education Council Partners Meeting will
feature a presentation of the Stock Market Game, showing how the game boosts
achievement in math and financial education, and a presentation of the
proposed Consumer Financial Protection Agency.

 <http://www.financiallit.org/xpages/conference/2009.aspx> 2009 Annual
Conference on Financial Education

October 21-23, 2009 (Philadelphia, Pa.)

The Institute for Financial Literacy hosts the 2009 Annual Conference on
Financial Education. The conference provides professional development
opportunities for people working in the fields of financial literacy and
education. 

 <http://www.massassets.org/MFEC/> Summit on Financial Education

October 28, 2009 (Boston, Mass.)

The Massachusetts Financial Education Collaborative is holding a summit at
the Federal Reserve Bank of Boston. The summit focuses on program
information, coordination and delivery of financial education for young
people (K-16), adults and seniors. 

 <http://www.reservecup.org/> 2009 Reserve Cup Challenge

October/November 2009 (Boston, Mass.)

The Federal Reserve Bank of Boston presents the 2009 Reserve Cup Challenge
to representative high schools - one from each New England state - to
compete in a quiz show that tests students' knowledge of financial matters,
ranging from financial literacy to economics to personal finance. 

 <http://www.banking.state.tx.us/news/newsevents.htm> Train the Trainer
Financial Education Workshop 

November 4, 2009 (Lubbock, Texas)

The Texas Department of Banking provides hands-on training on three
financial education curricula: the Federal Reserve Bank of Dallas's
"Building Wealth," the FDIC's "Money Smart Program," and JA Worldwide's
"Junior Achievement." 

 <http://www.nhjumpstart.org/eFlyers/FinancialLiteracyConf09.html> Financial
Literacy Conference

November 6-8, 2009 (Washington, D.C.)

The Jump$tart Coalition for Personal Financial Literacy presents the first
nationwide conference devoted entirely to personal finance education in
grades K-12. 

New Initiatives

<http://www.fico.com/en/Company/News/Pages/FICO-Mortgage-Recovery-Initiative
.aspx> FICO Mortgage Recovery Initiative

The FICO Mortgage Recovery Initiative is a comprehensive solution that meets
the needs of Main Street and Wall Street. It follows the federal
government's Making Home Affordable guidelines. This program streamlines
consumer loan applications and provides servicers with deep analytic
solutions to help them work with their customers.

<http://org2.democracyinaction.org/o/5855/t/5228/content.jsp?content_KEY=145
3> First Nations Development Institute Partners with the Office of the
Special Trustee to Provide Financial Training to Indian Trust Beneficiaries

The Office of the Special Trustee for American Indians Field Operations, in
partnership with First Nations Development Institute, conducted a train the
trainer session at the National Indian Program Training Center to prepare
Fiduciary Trust Officers to provide financial literacy training to trust
beneficiaries throughout Indian Country. Training also has been conducted at
Fort <http://www.firstnations.org/default2.asp?active_page_id=249>  Berthold
and Standing
<http://www.peoplelandandwater.gov/ost/ost_07-28-09_office-of-special.cfm>
Rock.

 <http://www.mdfinancialskills.org/index.php> Maryland Coalition for
Financial Literacy

The Maryland Coalition for Financial Literacy (MCFL) is an initiative to
meet the urgent need for more financial education. The MCFL works with
educational leadership groups, parents, the financial services industry, and
others to find the best program for each of Maryland's 24 public school
systems as well as nonpublic high schools. The MCFL also works with partners
to develop programs for adult constituencies such as employee groups, senior
citizens, first-time homebuyers, and new immigrant groups.

 <http://www.nacdc.org/financial_literacy.html> Mini Bank

Native American Bank (NAB) and the Native American Community Development
Corporation (NACDC) have developed a "Mini-Bank" program, which the NACDC
delivers to elementary schools located on Native American reservations in
Montana, Idaho, and Colorado. The program allows Native American youth to
enhance their financial literacy skills by actually opening a savings
account with NAB and learning, in a school setting, the value of saving, and
the power of compounded interest. A combined Mini-Bank and Land Education
curriculum is now offered in collaboration with Indian Land Tenure
Foundation.

 <http://www.nasaa.org/investor_education/10903.cfm> North American
Securities Administrators Association

The North American Securities Administrators Association (NASAA) announced a
new investor education initiative to equip millions of union and employee
association members with the knowledge and skills they need to protect
themselves from investment fraud. Through a new outreach program, "United
Against Investment Fraud" (UAIF), NASAA is working with unions and employee
associations to bring investor education to the workplace. The UAIF program
teaches union members how to spot con artists and how to check the
backgrounds of stock brokers and investment advisers.

 <http://www.irs.gov/retirement/article/0,,id=212061,00.html> Retirement and
Savings Initiative - Helping Americans Save for Retirement

President Barack Obama announced new Federal resources to make it easier for
American families to save for retirement. These new IRS initiatives include
guidance on saving for, and choosing retirement plans, including design
options; expanding opportunities for automatic enrollment; making it easier
to save tax refunds; showing how employees can save payments in their
retirement plans they would receive for unused vacation or other similar
leave; and helping employees and employers understand their tax-favored
rollover and other savings options.

 <http://www.albany.edu/aging/fl/index.html> Senior Financial Literacy
Training and Education Initiative

The University of Albany's Center for Excellence in Aging Services presents
the Senior Financial Literacy Training and Education Initiative. This
program provides to seniors a basic understanding of financial literacy,
risk factors for financial exploitation, and an understanding of social work
roles focused on senior financial literacy.

 <http://www.fdic.gov/smalldollarloans/> Small Dollar Loan Pilot Program

The Federal Deposit Insurance Corporation (FDIC) began a two-year pilot
project to review affordable and responsible small dollar-loan programs in
financial institutions. The pilot is a case study intended to identify
effective and replicable business practices to help banks incorporate
affordable small dollar loans into their other mainstream banking services.
Resulting best practices from the pilot will be identified and will become a
resource for other financial institutions.

 <http://www.yourmoneybus.com/> Your Money Bus Tour

The "Your Money Bus Tour" is a consumer outreach initiative that kicks off
its second year on October 1, 2009. In each city, local financial advisors
volunteer their time to meet with residents and answer their financial
questions-free of charge, with no strings attached. The bus tour is strictly
an educational event; a way to give back to the community and help residents
with financial questions. This year, the organization plans to visit 25
cities across the U.S. The tour is sponsored by the National Association of
Personal Financial Advisors Consumer Education Foundation (NAPFA), TD
Ameritrade, Kiplingers Personal Finance Magazine and FiLife.com. 

New Resources

<http://www.actuarialfoundation.org/programs/youth/BuildingYourFuture.shtml>
Building Your Future

Building Your Future developed by The Actuarial Foundation helps students
easily grasp the essentials of personal finance, gives them multiple
opportunities to practice core skills and showcases the real-world impact of
the financial decisions they make. Each chapter is classroom ready, with a
Teacher's Guide that provides handouts and answer keys, instruction and
assessment suggestions, definitions and resources that align with national
mathematics and personal financial education standards.

 <http://www.stlouisfed.org/education_resources/cards_cars_currency.cfm>
Cards, Cars and Currency

The Federal Reserve Bank of St. Louis offers Cards, Cars and Currency, a
curriculum that challenges students to become involved in three specific
areas of personal finance-credit cards, debit cards, and the purchasing of a
car.

 <http://www.udel.edu/ceee/> Center for Economic Education and
Entrepreneurship

The Center for Economic Education and Entrepreneurship at the University of
Delaware provides to teaching professionals knowledge, skills, and
innovative curriculum to equip Delaware K-12 students with the economic,
personal finance, and entrepreneurial foundations necessary to become
informed, active participants in today's world.

 <http://www.consolidatedcredit.org/> Consolidated Credit Counseling
Services

Consolidated Credit Counseling Services utilizes educational programs,
professional counseling and money management instructions to establish a
customized program that fits peoples needs.

 <http://www.consumer-action.org/> Consumer Action

Consumer Action is a nonprofit, membership-based organization that serves
consumers nationwide by advancing consumer rights; referring consumers to
complaint-handling agencies through a free hotline; publishing educational
materials in Chinese, English, Korean, Spanish, Vietnamese, and other
languages; and comparing prices on credit cards, bank accounts, and long
distance services.

 <http://doughnuthole.aarp.org/> Doughnut Hole Calculator

This summer, more than one million older Americans will be forced into the
Part D "doughnut hole"-a coverage gap in Medicare's program that leaves
seniors liable for all of their own costs while still paying premiums. AARP
is launching a new free online resource to help these and other older
Americans avoid this dreaded coverage gap.

 <https://www.fdic.gov/edie/index.html> Edie the Estimator

The Federal Deposit Insurance Corporation (FDIC) offers EDIE the Estimator.
This estimator can calculate your FDIC insurance coverage in each
FDIC-insured bank where you have deposit accounts. EDIE lets you know, in a
printable report for each bank, whether your deposits are within or exceed
coverage limits.

 <http://www.consumercredit.com/education-center.htm> Financial Fitness
Center

American Consumer Credit Counseling's Financial Fitness Center is an online
resource offering an enormous amount information on personal money
management. Web seminars, podcasts, tips of the week, calculators,
worksheets, resource articles, links and more are provided to help consumers
better manage their money. Information is available free-of-charge.

 <https://www.extension.org/people/login#Join_a_Personal_Finance_Chat>
Financial Security for All Community of Practice

The Financial Security for All Community of Practice (COP) is part of the
U.S. Department of Agriculture and Cooperative State Research, Education and
Extension Service chat programs that consist of monthly personal finance
topics. Upcoming topics of discussion are Tips for Happy Holidays without
Financial Hangover (October 29, 2009) and Promoting Positive Financial
Behavioral Change (November 19, 2009).

 <http://www.finrafoundation.org/about/index.htm> FINRA Investor Education
Foundation

FINRA Investor Education Foundation provides support for innovative research
and educational projects aimed at segments of the investing public. Through
grants, researchers explore investor behavior and develop practical ways to
avoid costly mistakes and ensure that reliable financial and investor
education is available to all who need it. It also sponsors
SaveAndInvest.org <http://www.saveandinvest.org/> , a free service that
provides financial education tools for military families and older investors
(aged 55 years or older) as well as additional investor resources.

 <http://www.financiallit.org/about/aboutifl.aspx> Institute for Financial
Literacy

The Institute for Financial Literacy is a nonprofit organization that
assists its clients directly with programs in financial counseling,
financial education, and bankruptcy-related services.

 <http://www.stlouisfed.org/education_resources/paycheck.cfm> It's Your
Paycheck

The Federal Reserve Bank of St. Louis offers "It's Your Paycheck," a
curriculum designed for use in high school personal finance classes. This
curriculum is made up of three sections-"Know Your Dough," "KaChing!" and
"All About Credit." The lessons in each section employ teaching strategies
to engage students so that they can apply the concepts being taught.

 <http://www.econed.org/index.html> Maryland Council on Economic Education

The Maryland Council on Economic Education provides individualized
assistance to develop a curriculum that includes economic and financial
instruction and to develop assessments to measure learning. It also offers
free teacher workshops and courses to prepare instructors to teach the
content lesson plans and other classroom materials. The curriculum includes
programs and seminars are available for adults and community groups. Other
programs include the Maryland-DC Stock Market GameT, a poster contest for
students in grades 1 through 8 and the Maryland Economics Challenge
competition for high school students.

 <http://www.msgen.com/assembled/home.html> Money Savvy Generation

Money Savvy Generation develops innovative products to help parents,
educators, and others teach the skills of basic personal finance. Currently,
this program is taught in school districts in 27 states and the District of
Columbia.

<http://www.kansascityfed.org/Education/TeachingResources/Payment%20Parliame
nt.pdf> Payment Parliament

The Federal Reserve Bank of Kansas City has developed a new role play,
"Payment Parliament," an interactive way for students to enhance their
reading skills while learning about key financial concepts. This program is
targeted toward students in grades 5 through 8 and covers different payment
methods available to consumers. 

 <http://www.rightathomeanswers.org/> Right at Home: Financial Answers for
Home Ownership

The National Credit Union Foundation's "Right at Home: Financial Answers for
Home Ownership," informs people on how to keep their home in tough economic
times. Free and objective information, tips, and resources are provided for
those who are falling behind in their mortgage payments but want to work out
a plan to stay in their home or to move without foreclosure. Information
focuses on finding a mortgage loan that fits your budget, protecting your
credit rating, avoiding fraud, and creating a budget to manage your money.

 <http://www.americaspromise.org/financialresponsibility> Saving Our
Futures: A Financial Responsibility Program for Young People

Saving Our Futures: A Financial Responsibility Program for Young People is
an online curriculum that teaches young people in middle school and high
school financial responsibility and methods for advocating for smarter money
management in their homes, communities, and from elected officials. The
curriculum is a program of the America's Promise Alliance.

 <http://www.lendingtree.com/smartborrower/> Smart Borrower

Smart Borrower provides to people the information they need to make smart
decisions about borrowing money for a home, car, college education, or other
high-cost items or services. LendingTree created this online resource to
make personal finance information easy to find, easy to understand, and easy
to act on.

 <http://www.stockmarketgame.org/> The Stock Market Game

The Stock Market Game is a program of the SIFMA Foundation for Investor
Education received results from a rigorous evaluation study conducted by
Learning Point Associates with a grant from the FINRA Foundation that show
students who play The Stock Market Game outperform their peers in
mathematics and financial literacy. According to the independent evaluation
team, the gains are substantial at the elementary, middle, and high school
levels. In addition, teachers reported that the program influenced their own
financial practices.

<http://www.kansascityfed.org/Education/TeachingResources/No_Business_lesson
.pdf> There's No Business Like Bank Business

The Federal Reserve Bank of Kansas City has developed a new role play,
"There's No Business Like Bank Business," an interactive way for students to
enhance their reading skills while learning about key financial concepts.
This program targets students in grades 3 through 5 and introduces the
workings of a bank and the benefits of saving money in one.

 <http://www.aarp.org/money/work/articles/lost_your_job.html> What to Do if
You've Lost Your Job

What to Do if You've Lost Your Job is presented by AARP. It provides people
with a checklist of suggestions on immediate steps to take together with
longer term ideas for dealing with this new situation.

 <http://wiseupwomen.tamu.edu/index.php> Wi$e Up

Wi$eUp is a financial education program designed for Generation X and Y
Women. It was developed by the U.S. Department of Labor Women's Bureau in
support of the Department of Labor's Strengthening the Family Initiative.

 <http://www.wife.org/> Women's Institute for Financial Education

The Women's Institute for Financial Education (WIFE) is a nonprofit
organization dedicated to providing financial education to women in their
quest for financial independence. WIFE offers reviews of personal finance
books and features articles on personal finance topics, online video clips,
and archived WIFE e-newsletters-all designed to improve the financial
expertise of women.

 <http://www.yourmoneycounts.com/ymc/home?WT.svl=901> Your Money Counts.com

HSBC Bank developed Your Money Counts.com, a comprehensive online learning
resource that helps people understand finances and make informed financial
choices. This online guide to financial and credit education provides people
with interactive calculators, information on current money issues, in-depth
information on specific money topics, financial education booklets, and
quizzes to test their financial knowledge.

------------------------------ <http://www.helpwithmybank.gov/>
HelpWithMyBank.gov - The OCC's Web site that provides answers to more than
300 commonly asked banking questions. While targeted at national bank
customers, the site answers many questions common to all banking consumers
and provides useful information about contacting regulators of state banks,
thrifts, and other financial institutions. A link from HOPE NOW to
HelpWithMyBank.gov has been established. 

 <http://www.mymoney.gov/> MyMoney.gov - The U.S. government's Web site
dedicated to teaching all Americans the basics of financial education. The
site houses important information from 20 federal agencies on such topics as
buying a home, foreclosure prevention, deposit insurance, privacy, fraud,
scams, balancing a checkbook, and investing in a 401(k).

 <http://www.occ.gov/canewslistserv.htm> Subscribe: Sign up for the OCC's
"Financial Literacy Updates" by visiting
<http://www.occ.gov/canewslistserv.htm>
http://www.occ.gov/canewslistserv.htm. 

Have a notable financial literacy event coming up? Rolling out a new
financial literacy initiative? Developing a new tool or product? Have
general feedback? E-mail us at  <mailto:communityaffairs at occ.treas.gov>
communityaffairs at occ.treas.gov.

Information in Financial Literacy Update is generated from publicly
available sources. Inclusion of a non-OCC event, activity, product or
hyperlink in this e-newsletter does not constitute an endorsement by the
OCC. The OCC does not exercise editorial control over information you may
find when linking to non-OCC Web sites and cannot guarantee the accuracy of
such information. 

  <http://comptroller.lyris.net/db/42751/70668/1.gif> 

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