Complete Description:This article provides an overview of bank-based financial education. The role of banks more generally is reviewed, and examples of Marshall and Isley (M&I) Bank's Consumer Education (CE) program are discussed. Evaluation methods used by M&I are described. Key factors for success include clearly defined priorities, a standardized high-quality curriculum, appropriately designed delivery, well-integrated assessment and evaluation, effective community partnerships and a willingness to provide supporting tools.
Date Published:Monday, September 1, 2008
Funding Agency: Board of Governors of the Federal Reserve System
Source: Case study;
Audience: Individual, Researcher, Teacher, Youth