Experian and the National Bankers Association Foundation launch financial literacy project

Costa Mesa-based Experian®, the global information services company, and the National Bankers Association (NBA) Foundation have announced a new pilot program focusing on financial literacy outreach in underserved communities. This initiative will reach consumers through NBA member banks, many of which are located in distressed urban centers.

“Ensuring all consumers have access to useful resources to help them better manage their finances is a core value for Experian,” said Maxine Sweet, vice president of public education at Experian. “Through this initiative with the NBA Foundation, we can help families in need obtain educational tools that will help them build and protect their financial future.”

Consumers will have the opportunity to learn how to better manage debt, how to check a credit report, what a credit score really means, how to protect themselves against identity theft and how life circumstances affect personal finances.

Comprehensive and multifaceted education outreach plans will be instituted by each of the NBA banks participating in the initial pilot program. The project then will be expanded to other member banks throughout the United States. Education outreach will be conducted at bank branches, community schools, local churches and community organizations. A companion Website also will be developed, providing a streamlined method for member banks and customers to access the entire curriculum, additional information, presentations and materials.

“Since 1927, the NBA has served as an advocate for the nation’s minority- and women-owned banks,” said Victor Cook, executive director of the NBA Foundation. “Joining forces with Experian on this new financial literacy project will enable us to instill a vital education element into our program that will provide avenues for continued success and growth.”

Experian has been committed to helping consumers manage their finances for more than 15 years. Through a host of educational programs and a wide array of products designed to help manage credit, Experian provides consumers with the resources they need to make wise financial decisions.

More information about Experian’s educational resources can be found at https://www.experian.com/consumer/credit_education.html.