EDWARDSVILLE – The Bank of Edwardsville earned the Illinois Bankers Association’s first-ever Financial Literacy Award for its work over the past year in providing financial education to local residents of all ages.
The award was officially presented to bank representatives at the IBA’s Annual Conference and Trade Show June 17 in Chicago.
“This is a tremendous honor,” said Erin Janek, coordinator of the bank’s financial literacy initiatives. “From the directors to the officers to the staff, the bank is dedicated to helping people get the basic financial education they need to improve their lives.”
The bank reached nearly 5,000 people through speaking engagement and activities, as well as through its award-winning Financial Literacy Program in local high schools. These initiatives are targeted children, teens, adults and seniors.
“As bankers, we see firsthand the difficulties people of all ages can have when they don’t handle their finances properly,” Janek said. “We’ve also found that many of those problems can be avoided, or at least lessened, with a little understanding of basic concepts of financial management. That’s our goal – to help people help themselves when it comes to managing their money.”
Programs like its adult financial literacy education, its speaker’s bureau, its Save Young program, its Hispanic outreach and its financial literacy education in local high schools are completely funded and staffed by the bank, and are all offered free of charge for participants.