Bank On Louisville and partners provide financial education to youth at Metro community center summer programs
This summer, we're proud to be partnering with Fifth Third Bank, PNC Bank, Jefferson County Federal Credit Union, and the Louisville Free Public Library to offer financial education activities at Metro Community Centers. We've been having a blast with youth at Portland, Baxter, Southwick, and South Louisville centers, joining in financial literacy lessons and games to share the importance of banking, money management, and smart financial planning!
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New report highlights economic challenges faced by individuals with disabilities
The National Disabilities Institute recently released a report that provides insights into how individuals with disabilities and their families make ends meet, plan ahead, manage financial products, and make financial decisions. In nearly every category, the financial capability of people with disabilities lagged behind the financial capability of people without disabilities. Some key findings of the report include:
- 70 percent of people with disabilities responded that they could not come up with $2,000 in an emergency, as compared with 37% of people without disabilities
- 41 percent of people with disabilities used methods of non-bank borrowing, such as a pawn shop or payday loan, as compared with 29 percent of people without disabilities
Read the full report from NDI here.
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SAVE THE DATE for Louisville's second-annual Financial Empowerment Summit!
The Summit will again be presented by Metro Community Services and sponsored in part by National Disabilities Institute. It will include panels on inclusion of people with disabilities in economic empowerment work.
WHEN: October 30, 2014
More information to come! |
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