During the past four weeks, students of the Muhlenberg Job Corps have been learning and navigating banking basics from Woodforest Bank representatives. Woodforest and the Federal Deposit Insurance Corporation (FDIC) recognize the importance of financial education, particularly for those with little or no banking experience. Jamie Braem, Lindsay Williams and Nicholas Pear are teaching an eight week financial literacy curriculum to the students so they can obtain the knowledge needed when making future financial choices.
Woodforest’s mission is to promote economic growth through community development lending and financial literacy programs. Through lending, investing, and volunteering between 2012 and 2014, Woodforest employees have volunteered over 28,000 hours of financial literacy education. Muhlenberg Job Corps students are completing curriculum on borrowing basics, checking accounts, keeping their money safe, how to loan to own, why money matters, how to own their own home, and credit score importance. Upon completion of the course, each student will obtain a certificate of achievement on financial literacy education. Woodforest Bank is just one of the many business partners that come to the center to educate on their field of expertise.