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Money Smart Press Releases

The Women's Resource of Greater Houston Joins FDIC's Money Smart Alliance Program

FOR IMMEDIATE RELEASE
MS-15-2004 (10-21-2004)
Media Contacts:
Eloy Villafranca (972-761-8010)
David Barr (202-898-6992)

The Federal Deposit Insurance Corporation (FDIC) has announced that The Women's Resource of Greater Houston (TWR) has joined the FDIC's Money Smart Alliance Program to bring the Money Smart financial education curriculum to women and children in the greater Houston area.

"Learning how to save and manage money is essential to becoming financially independent," said FDIC Community Affairs Officer Eloy Villafranca. "The FDIC is honored to work with TWR to help bring financial independence to women and children in the Houston area."

The Money Smart Alliance Agreement was signed by representatives of the FDIC and TWR last night at a TWR volunteer appreciation event "A Jewel of an Evening" held at the Neiman-Marcus Town & Country in Houston, TX.

According to TWR Executive Director, Ms. Robbie K. Blanton, "Implementing our mission helps expand opportunities for women and children to become independent, productive, and economically self-sufficient. Over the past twelve years, dedicated volunteers of TWR have taught hundreds of women and children the basics of budgeting and finance. Our organization is pleased to adopt the FDIC Money Smart curriculum and to share its benefits with our diverse audience."

The Women's Resource of Greater Houston is a local charity dedicated to improving the lives and futures of local women and children. The organization provides education about budgeting, credit, investing, retirement planning and philanthropy. Workshops are geared to those handling personal finances for the first time, as well as to more sophisticated investors interested in understanding how to make their money grow. The Women's Resource believes that women who control their money also control their destiny.

The FDIC Money Smart curriculum is comprised of ten comprehensive instructor-led modules covering basic financial topics. Money Smart can be taught in its entirety, or specific modules can be used to fill in the gaps in other financial education programs. It can be easily reproduced for wide dissemination and has no copyright restrictions. Money Smart is free to users and is available on CD-ROM in five languages: English, Spanish, Chinese, Korean and Vietnamese. Over 175,000 copies have been ordered nationwide. In addition, the FDIC recently released an interactive Computer-Based Instruction (CBI) format on CD-ROM. The Money Smart CBI can be used to complement formal classes, serve as a refresher course or used in independent study. It is available in both English and Spanish.

Any organization interested in financial education can use Money Smart. For information and instructions on how to obtain copies of the curriculum, click on the FDIC Money Smart link at www.fdic.gov, or call (202) 942-3404.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 9,079 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov or through the FDIC's Public Information Center (877-275-3342 or 202-416-6940).




Last Updated 10/21/2004 communications@fdic.gov