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ICBA Renews Agreement with FDIC’s Money Smart Alliance Program

Washington, D.C. (Nov. 8, 2012)—The Independent Community Bankers of America announced today that the association has renewed its agreement with the Federal Deposit Insurance Corp.’s updated Money Smart financial education program, which helps banks promote financial literacy within their community. As part of the agreement, ICBA will continue to make its members aware of this free program—furthering ICBA’s commitment to financial literacy amongst community bank customers.

“The Money Smart program is a great way for community bankers to help their customers build a more secure financial future for themselves,” said Terry Jorde, ICBA senior executive vice president and chief of staff. “Our members have always been dedicated to the communities they serve, and this program provides useful tools that will help them continue to provide stellar financial literacy and education services at a local level.”

FDIC’s Money Smart program is a complimentary educational program designed to bring more consumers into traditional banking relationships. The modernized curriculum has tracks for adults, young adults and small businesses. Because of its design, Money Smart has specific training modules, in nine languages, which can be used to fill in the gaps from other financial education programs.

ICBA has been using Money Smart and involved with FDIC’s program since November 2002.

For additional information on the Money Smart curriculum, visit www.fdic.gov/moneysmart.