Improving Financial Literacy in our Community
River Valley Community Bank is pleased to join efforts with the FDIC and their “Money Smart” program. Money Smart is a Federal Deposit Insurance Corporation (FDIC) program designed to help individuals build financial knowledge, develop financial confidence and use banking services effectively.
Shortly after RVCB was formed in 2006, it designed a program utilizing the FDIC’s resources and its employees have delivered the classroom program in local schools and “One Stop” adult educational centers. The curriculum introduces the concept of becoming financially independent and also includes the topics of budgeting, savings, borrowing and the importance of maintaining a strong credit record.
"We are extremely proud to be leveraging our professional expertise and offering this valuable service to our community," states River Valley Community Bank President & COO John M. Jelavich. "Financial education is crucial, not only to an individual's personal success but also to the greater financial health of our entire community." Recent FDIC information indicates that the more people know about credit and banking services, the more likely they are to increase savings, buy homes and improve their financial well-being.
If you would like to learn more about this program, please contact River Valley Community Bank at (530) 755-0148.
To test your own financial knowledge and learn more about national trends with financial literacy, click on “USA Today”.