FIL-70-2018
November 14, 2018
FDIC Releases 2018 Version of Money Smart for Adults
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Summary:
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.
Highlights:
- 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/.