San Diego, CA.
Federal Deposit Insurance Corporation
Subject: FIL-58-2001 FDIC Financial Education Curriculum
July 2, 2001
FDIC FINANCIAL EDUCATION CURRICULUM
TO: CHIEF EXECUTIVE OFFICER AND COMPLIANCE OFFICER
SUBJECT: Money Smart - FDIC's Financial Education Curriculum
The Federal Deposit Insurance Corporation (FDIC) and the Department of
Labor (DOL) announced a joint initiative on January 19, 2001, called Money
Smart to help banks and One Stop Career Centers deliver financial
education in their communities. The Money Smart curriculum has been
completed and is now available to banks and One Stop Centers free of
One Stop Centers provide a wide array of federal, state and local
employment-related services, including Welfare-to-Work and Workforce
Investment Act programs, in a single neighborhood location. More than 800
One Stop Centers are in operation in rural and urban areas across the
A brochure describing the Money Smart program is enclosed and can be found
on the FDIC Web site at www.fdic.gov .
If you would like to order a copy of the curriculum, please complete the
order form attached to the brochure and mail or fax it to us. Once you
have used the curriculum and determined that it meets your training needs,
you may order additional copies. You may also make your own copies of the
The Money Smart training modules can be easily reproduced
and have no copyright restrictions.
If your institution is interested in working with a local One Stop Center
to provide financial education, contact your FDIC or DOL regional office
(see reverse page for DOL regional contacts). You can also
identify local One Stop Centers through DOL's Web site at
We hope that you will find the Money Smart program a useful tool in
delivering financial products and services in your community.
Stephen M. Cross
Enclosure: Available from the FDIC's Web site at
Distribution: FDIC-Supervised Banks (Commercial and Savings)
NOTE: Paper copies of FDIC financial institution letters may be obtained
through the FDIC's Public Information Center,
801 17th Street, NW, Room 100, Washington, DC 20434
(800-276-6003 or 202-416-6940).
U.S. Department of Labor Employment and Training Administration
Boston (Region 1)
JFK Federal Building, Room E-350
Boston, MA 02203
Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont
New York (Region 1)
201 Varick Street, Room 755
New York, NY 10014
New Jersey, New York, Puerto Rico, Virgin Islands Philadelphia (Region 2)
170 S. Independence Mall West
Suite 825 East
Philadelphia, PA 19106-3315
Delaware, District of Columbia, Maryland, Pennsylvania, Virginia, W.
Virginia Atlanta (Region 3)
Atlanta Federal Center
61 Forsyth Street, SW, Room 6M12
Atlanta, GA 30303
Alabama, Florida, Georgia, Kentucky, Mississippi, N. Carolina, S.
Carolina, Tennessee Dallas (Region 4)
Federal Building, Room 317
525 Griffin Street
Dallas, TX 75202
Arkansas, Louisiana, New Mexico, Oklahoma, Texas Denver (Region 4)
1999 Broadway Street, Suite 1780
Denver, CO 80202
Colorado, Montana, N. Dakota, S. Dakota, Utah, Wyoming Chicago (Region 5)
230 S. Dearborn Street, Room 628
Chicago, IL 60604
Illinois, Indiana, Michigan, Minnesota, Ohio, Wisconsin Kansas City
1100 Main Street, Suite 1050
Kansas City, MO 64105
Iowa, Kansas, Missouri, Nebraska San Francisco (Region 6)
P.O. Box 193767
71 Stevenson Street
San Francisco, CA 94119-3767
Arizona, California, Hawaii, Nevada, Guam Seattle (Region 6)
1111 Third Avenue, Suite 900
Seattle, WA 98101-3212
Alaska, Idaho, Oregon, Washington
About the ICFE:
The Institute of Consumer Financial Education (ICFE),
founded in 1982 by the late Loren Dunton - creator of the "certified
financial planner” (CFP) designation - is dedicated to helping consumers
of all ages to improve their spending, increase savings and use credit
more wisely. The years between 1984 and 2000, the ICFE was also known as
the National Center for Financial Education (NCFE).
The ICFE is a nonprofit consumer education organization that has helped millions of people through its education programs and Resources. Over
one million "Credit
/ Debit Card Warning
Labels” and "Credit
/ Debit Card Sleeves” are in circulation world wide.
The ICFE's on-line help for consumers who spend too much
was featured in PARADE Magazine (June 9th, 2002) in the Intelligence
Report section. The money helps and tips are from the "Money
Instruction Book," a course in personal finance, which was completely
revised and updated in 2002 and is positioned to become among the premier
programs in the new bankruptcy and debtor education initiatives.
The ICFE's "Do-It-Yourself Credit File Correction
Guide," now in its Twelfth Printing, is in use by thousands of consumer credit and debt
counselors in addition to tens of thousands of consumers. It received a
"buy” rating in July, August and November from nationally syndicated
financial columnist, Humberto Cruz in his column, "The Savings Game".
BottomLine Personal newsletter gave the Guide a "Send For” rating in
September 2001. The ICFE and our do-it-yourself approach to credit file
correction was featured on NBC Nightly News on 04-30-02. The Spanish
edition of the Guide premiered in January 2002. Syndicated columnist,
Robert Heady also gave the ICFE Guide a "buy” rating.
The ICFE Web site at: www.financial-education-icfe.org helps consumers with
mending spending, learn about the
proper use of credit, budget and expense guidelines, how to set up and implement a
spending-plan and also access financial education courses and videos and how to
teach children about money. Other ICFE services include a
free eNews, and an
on-line resource center of financial education
learning tools, including videos, books and personal finance courses.
Consumers may learn more on the Internet about the "Do-It-Yourself
Credit File Correction Guide" here, or fill out our request
form, indicating your areas of interest.
For more information contact Paul S. Richard ICFE Executive Director at 619-239-1401.