Financial Institution Letters
November 14, 2018
FDIC Releases 2018 Version of Money Smart for Adults
The FDIC has released the 2018 version of its instructor-led Money Smart for Adults financial education curriculum. This full replacement of the 2010 version provides participants with practical knowledge, skills-building opportunities, and resources they can use to manage their finances with confidence. Financial institutions can use Money Smart to collaborate with non-profit organizations, state/local governmental entities, and others.
Statement of Applicability to Institutions with Total Assets Less Than $1 Billion: This Financial Institution Letter applies to all FDIC-insured institutions.
- The 2018 version of Money Smart for Adults features 14 modules that cover basic financial topics, and includes updated information, vibrant graphics, and new activities to engage participants.
- The new materials include expanded content on topics such as mobile banking, creative ways to save money, as well as credit reports and scores.
- Money Smart helps consumers gain financial knowledge, confidence, and skills to manage their finances more effectively. Money Smart is also a tool banks can use to help build relationships with their communities.
- Money Smart is not protected by copyright. Money Smart materials can be used on their own or in combination with other materials.
- To learn more about the FDIC's Money Smart program and to download the materials or order a DVD with the new curriculum, visit the Money Smart page on the FDIC's website at www.fdic.gov/moneysmart/.
- FDIC-Insured Institutions
- Chief Executive Officer
- CRA Officer
- Chief Retail Officer
- Bobbie Gray, Supervisory Community Affairs Specialist, Outreach and Program Development, Division of Depositor and Consumer Protection, at email@example.com or (202) 898-7148
- Laura Lawrence, Senior Community Affairs Specialist, Outreach and Program Development, Division of Depositor and Consumer Protection, at firstname.lastname@example.org or (202) 898-7164
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's website at https://www.fdic.gov/news/news/financial/2018/.
To receive FILs electronically, please visit https://www.fdic.gov/about/subscriptions/fil.html.
Paper copies may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).