Aug. 2, 2011: As part of Philadelphia City Controller Alan Butkovitz' initiative to provide financial literacy to all ages, the Controller's Bank on Philadelphia partners, including Urban Affairs Coalition, hosted a financial education session at ING Direct for the Teen Leadership Camp. A video clip as well as pictures from the event can be viewed below.
April 28, 2011: Controller Butkovitz Expands Bank on Philadelphia Program by Creating Youth Education Portal
City Controller urges parents, teachers and students to take advantage of the free resources provided by financial and community partners
PHILADELPHIA – In addition to the City Controller’s Bank on Philadelphia initiative that provides financial access and resources to Philadelphians, Controller Alan Butkovitz created an online Youth Education Portal for students, teachers and parents to have access to free financial resources.
The Youth Education Portal is a resource center that contains a listing of non-profit organizations, financial institutions and other government entities that provide free services and resources throughout Philadelphia. Many of these services are provided directly in the classroom and others are during after-school hours.
“While severe cuts are looming to our already financially-strapped education system, educators need to take advantage of the free resources that financial and community organizations are willing to provide our youth,” said Butkovitz. “These education partners provide resources for students of all ages.”
Butkovitz continued, “It’s never too early, or too late, to teach children the importance of banking and to start learning about money management.”
With April being Financial Literacy Month, Controller Butkovitz used the month as an opportunity to distribute youth education materials encouraging educators at the Philadelphia School District, charter schools and parochial schools to access the Youth Education Portal.
“Every child, in every learning establishment, should receive financial education by the time they graduate high school,” said Butkovitz. “Receiving financial literacy can be one of greatest educational assets children can receive in helping them establish a healthy financial future.”
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Oct. 23, 2010: City Controller Alan Butkovitz was the guest speaker at the Financial Literacy Partnership Association's Financial Literacy Fundraising Dinner.
To increase financial education among Philadelphia's youth, the Association will teach youth, as well as adults, the foundational principles
of financial management to improve financial literacy and enhance the desire and ability to build and sustain wealth.
Sept. 25, 2010: Controller Butkovitz partnered with Action Harvest to coordinate the Hunting Park Financial Wellness Day held at Action
Harvest's facility. The event was part the Bank on Philadelphia initiative to promote financial literacy and the advantages of banking with a mainstream financial institution
Transit Bus Ads - February through April
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Bank on Philadelphia expands its outreach efforts by traveling in 600 buses a day throughout Philadelphia. The "Get Banked" bus ads will run from February through April 2010. To view a full-scale image of the ad, please click on the image above.
Sept. 25, 2009 - West Philadelphia Financial Wellness Day - The event held at United Bank of Philadelphia included Bank on Philadelphia partners helping new banking customers get into the financial mainstream. The event also included utility companies (Philadelphia Electric Company, Philadelphia Water Department and Philadelphia Gas Works) providing citizens with energy-saving tips reduce their utility bills for this winter.
August 5, 2009 - Bank on Philadelphia hosts 75 community partners at website tutorial and orientation
P R E S S R E L E A S E
For Immediate Release:
April 1, 2009
Contact: Brian Dries
(215) 686-8869
April 1, 2009 - City Controller's Initiative Launches into Communities & Neighborhoods Bank on Philadelphia participants kicked off program's efforts to reach 80,000 unbanked Philadelphians to open a bank account.
City Controller Alan Butkovitz today joined with community partners and financial institutions to kick off Bank on Philadelphia's efforts to reach 80,000 unbanked Philadelphians. The program is using Financial Literacy month to bring awareness to residents.
The event, which took place at Esperanze in North Philadelphia, demonstrated Bank on Philadelphia's community outreach progress as more than 160 organizations around the City have joined the City Controller's initiative to help unbanked Philadelphians. (click here to view press release)
January 14, 2009 - City Controller Engages Council Members with Bank on Philadelphia Initiative
City Controller Alan Butkovitz briefed City Council about the Bank on Philadelphia initiative.
"The success of this initiative will rely on the active participation of frontline community organizations and elected leaders and I'm encouraged by Council's interest and engagement on this issue," said Butkovitz.
Butkovitz noted that City Council has held hearings on predatory lending and other issues focused on promoting the financial independence of low-to-moderate income Philadelphians.
"I look forward to working with President Verna and the rest of Council on this issue in the coming months," said Butkovitz.
Oct. 23, 2008 - City Controller Launches Bank on Philadelphia
City Controller Alan Butkovitz stood with 100 local banking, credit union, nonprofit and faith-based leaders as he announced the launching of "Bank on Philadelphia," an initiative designed to bring low-to-moderate income families into the financial mainstream.
"I have for some time sought to address the issue of the unbanked in Philadelphia, which has a disproportionately large number of individuals and families living outside the financial mainstream," said Butkovitz.
The goal of Bank on Philadelphia is to have a large number of unbanked Philadelphians open bank accounts to learn and benefit from financial education.
Philadelphia is one of eight communities around the country working in partnership with the U.S. Department of Treasury's Community Financial Access Pilot (CFAP).
CLICK HERE TO SEE THE PRESS RELEASE
