The Importance of Financial Literacy in Creating Sustainable Futures
Anyone who first learned financial literacy skills later in life knows the importance of early education firsthand. Not only are they behind the ball when it comes to retirement savings, but they feel pressure to catch up. It’s a tough spot to be in. Teaching youth to get ahead of…
Financial Education Services: The Key to Unlocking The Modern American Dream
In America, nearly everything we do revolves around money. Our capitalist society has us making financial choices daily, whether we’re buying our daily Starbucks, purchasing a movie on Amazon, or requesting a payment via Venmo. One would think the fact that we live and work in a system that promotes…
Discover best practices for using graphic novels for promoting financial literacy
Community education programs are a mainstay for financial organizations. Delivering K-12 outreach that makes a real impact will form lasting connections and improve the wealth and prosperity of your community and your organization. An effective strategy, though, takes more than providing a few money-saving tips to your customers. Inspiring students…
Workforce Development: Are you doing it right?
There is a genuine and justifiable fear that in the not-so-distant future, major industries will be struggling to find skilled workers. Think about your financial organization and what it takes to make it function properly. Are there enough potential employees continually interested in being a part of your team? And…
Are your financial literacy programs getting you bang for your buck?
There are many ways that your financial organization can educate those in your community about smart money management, from volunteers in schools to educational print materials and online resources. With many of these methods however, it’s easy to track the cost of implementation but hard to track the return on…
Get Creative with Financial Literacy Education
Educating your customers about the basics of financial literacy is more important than ever before. Credit options abound, online shopping is the new norm and financial markets continue to deal with general instability. Encouraging your customers to prepare for their financial future can increase wealth and prosperity for both your…
IMB BANK COMMUNITY FOUNDATION HELPS 4500 LOCAL HIGH SCHOOL STUDENTS GET MAD ABOUT MONEY!
The IMB Bank Community Foundation has once again partnered with The National Theatre for Children (NTC) and during the 2017 school year will have delivered the financial literacy program to 20 high schools and over 4,500 students, at no cost to the students. The program provides educational and entertaining messages…
Is your organization getting the most out of its financial literacy program?
From Tulip Mania in the Netherlands in the 1630s to fidget spinners in 21st-century USA, fads and economic bubbles throughout history have demonstrated the financial power of social norming. The science of social norming states that our behavior is influenced by misperceptions of how our peers think and act –…
Discover What the Financial Industry Has Learned About K-12 Education
When done well, bank-sponsored financial literacy programs fulfill a vital public mission and help refine the industry’s public reputation in the eyes of its stakeholders. Even so, financial institutions sometimes question the efficacy of such programs and can fail to optimize the funds they receive for the purpose of community…