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Chicago: Chinese Money Smart Rolled Out at Chinatown Library
It was Standing Room Only at the Chinatown Library in Chicago as FDIC officials, local leaders, Money Smart graduates and the press came together to celebrate the official release of the Chinese-language version of Money Smart.
The Chinese American Service League (CASL) in Chicago was one of three groups partnering with the FDIC to translate the financial education curriculum into Chinese and test it with groups of students.
Reporters sign in at the Chicago event. All ten of Chicago's Chinese-language newspapers covered the event, as did two Chinese-language television stations, two radio stations, and the American Banker newspaper. (Photo: James Kegley) | FDIC Community Affairs Officer Michael Frias began working with leaders of the Chinese community over a year ago to develop the relationship that led to a successful partnership and program. Joked community leader Betty Chao, one of the speakers at the event: "In Chinese fashion we got this project started by calling all the leaders together for a meal with Michael. We hammered out details while we were eating, and that's how the project was born."
All the partners were honored at the event, which featured FDIC Vice Chairman John Reich. But the highlight of the morning was the personal testimony of Lan Fang Liang, an immigrant who recently completed the Money Smart curriculum. Speaking in Chinese with a translator at her side, Ms. Liang told the audience that until she took the course, she did not even know how to fill out a check.
The event was widely covered in the Chinese media, including Chinese television.
The event concluded in the manner in which the project was born: with a big banquet at a nearby restaurant to which everyone was invited.
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