MBA's ongoing initiatives include supporting nationally focused events such as Teach Children to Save Day, and Get Smart About Credit Day.
Teach Children to Save Day
MBA proudly takes part in National Teach Children to Save Day held annually in April. This unique event has Maryland bankers trade their spreadsheets for chalkboards to teach the fundamentals of financial education to elementary school students around the state.
MBA establishes partnerships with a number of schools across the state to provide opportunities for Maryland bankers to participate in this national event. Bankers are uniquely qualified to educate students about important financial education skills, such as distinguishing between wants and needs and the benefits of building good savings habits at an early age. MBA's goal is to ensure that every child in Maryland has consistent access to quality financial education so that their financial ABCs are well known.
Get Smart About Credit
Many young adults today have easy access to credit but lack the skills to manage their personal finances. Every October, bankers across the nation join together for the Get Smart About Credit program to educate high school students about sound money management skills.
Students learn how using credit wisely can open doors, the importance of budgeting, why checking on credit reports is crucial, and how interest rates can impact their finances. This program is crucial for students to make wise financial choices now and in their adult years.
Contact MBA's Liz Frediani to learn how you can get involved with these programs.
Habitat for Humanity Maryland
Formalizing the work of many banks across the state, the MBA has partnered with Habitat for Humanity Maryland, the state support organization for local Maryland Habitat for Humanity affiliates. In this partnership, the MBA and Habitat for Humanity Maryland will work together to provide financial education for partner families who are, or will be, the recipients of houses built by local volunteers, which will reach more people in more locations and meet the financial education requirements of the home recipients.
If you are interested in volunteering to teach financial education and playing a vital role in the lives of others, please contact Board President of Habitat for Humanity Maryland Susan Devlin (410-924-8080). If you have any questions, contact MBA's Liz Frediani.