The Maryland Bankers Association (MBA) is a founding member of the Maryland Coalition for Financial Literacy (MCFL). While MCFL’s overall mission is to provide financial literacy for adults and students, the organization is currently engaged in efforts to see that instruction in personal finance becomes a graduation requirement at all Maryland high schools.

Thanks to MCFL’s work, six school systems have incorporated personal finance courses in the required curriculum and several others have expressed an interest in integrating this curriculum. Maryland has 24 counties, so we have much farther to go.

Because of our role as a founding member of MCFL, the MBA Board of Directors authorizes support of the organization’s initiatives with a $5,000 annual pledge. More than a dozen banks were involved in providing the initial funding for the Coalition and continue to provide human and financial resources to support its ongoing work. We realize that most MBA members are involved in a variety of efforts to promote financial literacy to adults and students. We wanted you to know about the progress the MCFL has been making across the State and ask you to consider supporting its efforts by getting involved and/or by making a financial contribution. With your help, every adult and student in Maryland will have the knowledge needed to make informed financial decisions. Read more…