Ford Foundation Funds FinancialLiteracy

Published July 03, 2006, 1:00 a.m. EDT

|

Updated August 27, 2020, 2:10 a.m. EDT

1 Min Read

SANTA CRUZ, Calif. - (07/03/06) Two local credit unions areproviding free financial education classes to assist migrant andHead Start families, thanks to a $75,000 grant from the FordFoundation. The two credit unions, Santa Cruz Community CU and BayFCU, also teamed up for a Ford grant two years ago to help educateand promote mainline accounts to the unbanked. The two creditunions also developed a money management workshop for parents andstudents called, Building WealthCreandoRiqueza. The financial education classes start July 12 andwill run through October.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Politics and policy

Basel reproposal's impact on non-bank mortgage lenders

A first look at the capital plan suggests it moves the real estate finance industry closer to changes it lobbied for, but the devil may be in the details.

By Bonnie Sinnock
Capital Markets Editor

2h ago
Housing markets

Forget rate drops — here's where mortgage volume will come from

Housing economists at ICE Experience 2026 predict mortgage growth but also say the home finance industry has yet to fully adapt to the disruption of this decade.

By Spencer Lee
Technology Reporter

4h ago
Tokenization

Why Vast Bank is advancing on tokenized deposits

The Oklahoma community bank partnered with two digital asset companies to create a cross-border form of tokenized U.S. dollar deposits.

By Melinda Huspen
Tech Reporter

5h ago
Community banking

Michigan's Independent ends M&A drought with in-state deal

Grand Rapids-based Independent Bank Corp. has agreed to buy HCB Bancorp for $70.2 million — the buyer's first deal since 2017.

By John Reosti
Reporter

5h ago
Digital Assets

Custodia's tokenized deposit to be used in 600-bank network

Participate, a loan participation network, has agreed to use tokenized dollars issued by Custodia Bank and Vantage Bank.

By Penny Crosman
Executive Editor, Technology at Arizent

7h ago
Artificial intelligence

RBC says its focus on AI is paying dividends

Royal Bank of Canada is rolling out AI across its businesses in an effort to become more efficient and generate more revenues. The Toronto-based bank recently created an internal AI accelerator that directly reports to CEO Dave McKay.

By Allissa Kline
Staff Writer

7h ago