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Home > Consumer Protection > Financial Education & Literacy > Money Smart News - July 2003





Money Smart News - July 2003

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New York City: A Chinatown Celebration
Prior to the official rollout of Chinese Money Smart in Chicago, the FDIC's New York Community Affairs Officer Valerie Williams-Charles and her staff hosted a reception for members of the Money Smart Alliance Program in Manhattan's Chinatown. Guests included members of the Chinese Bankers' Association, other financial institutions, community groups in the Chinatown community, and representatives from other government agencies, such as the Department of Housing and Urban Development's (HUD) Assistant Secretary for Public and Indian Housing, Michael Liu; and Angelica Tang, representing Department of Labor (DOL) Secretary Elaine Chao.

The Money Smart curriculum is already in use at New York area locations, including the Workforce 1 Career Center - Queens, which is located in Jamaica, New York. The Chinese language version will be offered to the Chinatown community through financial education programs with the Asian American Federation of New York, the Garment Industry Development Corporation, and the Chinatown Y.M.C.A. The FDIC is also working with banks that serve the Chinatown area to encourage their participation in local Money Smart initiatives

At the reception, FDIC Deputy Director of the Division of Supervision and Consumer Protection (DSC) Donna Gambrell presented a commemorative plaque to Chris Kui, Executive Director of the Asian Americans for Equality (AAFE) to acknowledge AAFE's partnership with the FDIC in translating the Chinese version of Money Smart. The reception was followed by AAFE's annual Chinese Lunar New Year Banquet, where more than 1,000 guests listened to Gambrell talk about the Money Smart program.
Chris Kui, Executive Director of Asian Americans for Equality (AAFE) and Donna Gambrell, Deputy Director of the FDIC's Division of Supervision & Consumer Protection (DSC) at the reception in Manhattan's Chinatown. (Photo: James Kegley)
Chris Kui, Executive Director of Asian Americans for Equality (AAFE) and Donna Gambrell, Deputy Director of the FDIC's Division of Supervision & Consumer Protection (DSC) at the reception in Manhattan's Chinatown. (Photo: James Kegley)



Last Updated 08/18/2004 supervision@fdic.gov

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