Chart 7 |
Financial Institutions Offer Many Targeted Financial Education Programs and Services |
Program/Service |
Percentage of banks offering program/service |
Mortgage/Homeownership Counseling |
96% |
Affordable Mortgage Program |
93% |
Credit Counseling |
91% |
Employee Tutoring Program |
83% |
Small Business/Entrepreneurial Training |
79% |
Public School K-12 Financial Education |
77% |
Programs Targeting Predatory/Abusive Lending |
72% |
Adopt-a-School Program |
70% |
Personal Finance Program for the Unbanked |
57% |
Foreclosure Prevention/Counseling |
37% |
College-Based Financial Education |
26% |
Source: Consumer Bankers Association, 2003 Survey of Bank-Sponsored Financial Literacy Programs (Arlington VA, 2003) |