Merchants Bank recognized by FDIC for Money Smart Partner Program

first_imgCommunity Bank NA,Merchants Bank has been recognized by the Federal Deposit Insurance Corporation (FDIC) as a Money Smart for Young Adults Partner for its leadership in promoting financial education for young people.‘We are giving young adults the skills they need to succeed in today’s world,’ said Doreen Allen, Community Reinvestment Act officer at Merchants Bank and president of the Northfield branch. ‘The need for financial literacy is greater than ever.’The Partner program applauds people and organizations who share a commitment to building young adults’ personal financial management skills. It offers a curriculum designed to help teens develop skills to become confident, productive, self-reliant adults who are able to take full advantage of mainstream financial opportunities.Allen said the program is offered community-wide through schools, scout troops and other youth organizations.The program is an integral part of Merchants’ on-going commitment to financial education. Recently, Merchants Bank and Merchants Bank Foundation joined with Champlain College to sponsor the Vermont Teachers Financial Literacy Summer Institute, which provides training for secondary school educators aimed at helping students learn about managing money.Vermont Matters. Merchants Bank strives to fulfill its role as the state’s leading independent community bank through a wide range of initiatives. The bank supports organizations throughout Vermont in addressing essential needs, sustaining community programs, providing small business and job start capital, funding financial literacy education and delivering enrichment through local sports activities.05.20.2011’ Northfield, VT ‘last_img