Announcements

Do You Want to Establish a Bank Branch in a High School?

The Shriver Center is pleased to announce the publication of A Guide to Establishing Bank Branches in High Schools. The new guide describes the inspiration and operation of two high school student–run bank branches in public schools: the Curie Branch of Park Federal Savings Bank in Chicago and the Cardinal Branch of Mitchell Bank in Milwaukee. The Guide includes information on both projects, the partners involved, factors to consider, and the costs and benefits of such a project. The Shriver Center hopes that the Guide will inspire more schools, banks, and others to develop similar projects. The high school bank branch model is part of a national effort to expand financial education, services, and asset-building opportunities to students, families, and communities.

The Shriver Center released the Guide at the New Alliance Task Force National Best Practices Conference last month in Chicago. The Curie Branch project partners include representatives from Curie Metro High School, Park Federal Savings Bank, the Chicago Public Schools, the Federal Deposit Insurance Corporation (FDIC), and the University of Illinois at Chicago’s Center for Economic Education, the Cardinal Bank, and the Office of Thrift Supervision (OTS), as well as private donors. The Shriver Center is interested in opportunities to share information with interested groups in other states. For more information and to receive an electronic copy of the Guide, contact Ian Gardiner (312.368.1033).

Mark Your Calendars!

Illinois Asset Building Group (IABG) Committee Meetings in February!

IABG Policy Committee meeting is scheduled for Monday, February 6, at 1:00 p.m.–3:00 p.m. The committee will be focusing on advancing universal progressive children’s savings accounts.

IABG Coordinating Committee meeting is scheduled for Tuesday, February 21, at 10:30 a.m.–12:00 noon

Both meetings will be held at the Sargent Shriver National Center on Poverty Law at 50 E. Washington Street, Suite 500, Chicago, IL 60602. If you have any questions, please contact Jami Schlafer at 312.368.8575.