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Each depositor insured to at least $250,000 per insured bank

Home > Consumer Protection > Financial Education & Literacy > Money Smart News - Spring 2005

Money Smart News - Spring 2005

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The FDIC has distributed more than 189,000 copies (paper and CD-ROM versions) of Money Smart to financial institutions, community groups and agencies across the country. In addition, the FDIC has provided free training to approximately 8,700 instructors. More than 300,000 people have taken Money Smart classes and more than 40,000 new banking relationships have been established by Money Smart students.

The FDIC has also set up the Money Smart Alliance program for organizations that want to sign an agreement with the FDIC to promote Money Smart throughout their constituency. In many cases, these organizations have operations in a number of states or nationwide. Since the Money Smart Alliance Program was announced by Chairman Powell in June 2002, the number of Alliance Partners has grown to more than 900.

The U.S. Department of Justice became a new Alliance partner March 25. For more information about the FDIC’s new partnership with the Justice Department’s Community Capacity Development Office, go to the article on crime prevention in this issue of Money Smart News.

All our partners are helping us meet our shared goal of helping low- and moderate-income Americans become "Money Smart" so they can establish healthy banking relationships, begin building assets, and secure a better future for themselves and their families.

We want to hear from you! Please share your stories.

Last Updated 4/01/2005

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