Wells Fargo & Company announced today that it has launched Hands
on Banking® for Military to
address the financial literacy challenges facing military members,
veterans and their families. Hands on Banking for Military is
designed to address military members’ unique needs at every stage of
their career. The program presents 10 individual lesson topics ranging
from the basics of banking to planning for retirement.
“Many military members and their families face unique challenges that
put them at a financial disadvantage, including deployments and moving
around every few years,” said Brian McCullough, Wells Fargo Military
Affairs program manager. “These men and women sacrifice their lives for
us. The very least we can do is give them the right financial tools to
help them through these transitions. They have been there for us. We
want to be there for them.”
Wells Fargo has joined forces with the National Foundation for Credit
Counseling (NFCC) to bring Hands on Banking for Military to
service members in the continental United States. Through close to 700
locations across the country, NFCC’s Member Agencies will teach local Hands
on Banking for Military classes. In addition to the group education
designed to keep military personnel and their families on a path to
financial stability, more than 2200 NFCC agency counselors will provide
one-on-one personalized financial reviews, budget planning and concrete
solutions to pressing financial concerns. Military and veteran groups
wishing to have a representative teach a class, or individuals
interested in scheduling a session with a financial specialist can
contact the NFCC at (855) 374-2773.
“The NFCC is honored to have been selected by Wells Fargo as their
partner for this program to bring financial education and solutions to
generations of servicemen and women,” said Susan C. Keating, president
and CEO of the NFCC. “This opportunity to provide financial freedom to
those who have protected our freedom is indeed an initiative the NFCC
and its Member Agencies across the country are proud to be a part of.”
Wells Fargo also has banking locations on nine bases across the country
and plans to offer Hands on Banking for Military at these
locations. Additionally, Wells Fargo has thousands of Wells Fargo team
members who participate in Team Member Networks nationwide. The
Veterans’ Team Member Network’s mission is to support and educate
members of our Wells Fargo community who share an interest in veteran
matters. The network plans to help teach Hands on Banking for
Military and work with other team members and the community to promote
greater veteran awareness.
On Saturday, July 20, Wells Fargo will partner with the Armed Services
YMCA, San Diego, to host the official launch of the Hands on Banking
for Military program at Sea World. Wells Fargo team members and the
National Foundation for Credit Counseling will facilitate two Hands
on Banking for Military sessions, All About Credit and Spending
Smart, to approximately 100 active duty military members and their
spouses. In addition to the financial education sessions, Wells Fargo
will host a fun family-friendly day at Sea World for the military
families.
Hands on Banking for Military is part of a broader Wells Fargo
effort supporting military service members and veterans: helping active
duty military service members and veterans achieve homeownership,
helping veterans transition to civilian careers and providing customized
financial education.
Hands on Banking for Military is an HTML-based course and is
located at www.handsonbanking.org.
The new HTML-based Hands on Banking courses contain the same
trusted content as the Flash-based classic courses, but in a format that
is designed for optimal experience on tablets and smartphones. The HTML
courses also use the latest adaptive technology to ensure the program is
available to users with differing abilities. In 2012, Wells Fargo
delivered financial education lessons to 153,902 people and distributed
31,000 HOB CDs to schools and organizations all over the world.
About Hands on Baking
Now in its tenth year, Hands on Banking®/ El
futuro en tus manos® is a free, fun program
available in both English and Spanish that teaches people in all stages
of life about the basics of responsible money management, including how
to create a budget, save and invest, borrow responsibly, buy a home, and
establish a small business. It contains no links to any Wells Fargo
product or service.
About National Foundation for Credit Counseling
The National Foundation for Credit Counseling (NFCC), founded in 1951,
is the nation’s largest and longest serving national nonprofit credit
counseling organization. The NFCC’s mission is to promote the national
agenda for financially responsible behavior, and build capacity for its
members to deliver the highest-quality financial education and
counseling services. NFCC Members annually help millions of consumers
through more than 600 community-based offices nationwide. For free and
affordable confidential advice through a reputable NFCC Member, call
(800) 388-2227, (en Español (800) 682-9832) or visit www.nfcc.org.
Visit us on Facebook: www.facebook.com/NFCCDebtAdvice,
on Twitter: twitter.com/NFCCDebtAdvice, on YouTube: www.YouTube.com/NFCC09
and our blog: http://financialeducation.nfcc.org/.
About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified,
community-based financial services company with $1.4 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial
finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com),
and has offices in more than 35 countries to support the bank’s
customers who conduct business in the global economy. With more than
275,000 team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 25 on
Fortune’s 2012 rankings of America’s largest corporations. Wells
Fargo’s vision is to satisfy all our customers’ financial needs and help
them succeed financially. In 2012, the Company invested $315.8 million
in grants to 19,500 nonprofits, and team members contributed more than
1.5 million volunteer hours around the country. For more information,
please visit: www.wellsfargo.com/about/csr.
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