TD Bank Offers Financial Literacy Workshops to all NJ Family Success Centers in 2011

TD Bank, through the Partnership for Family Success Training and Technical Assistance Center and Family Intervention Services’ Institute for Family Success, will provide Financial Literacy Workshops at no charge for families at your Center.
The Financial Literacy Workshops can be scheduled at any time most convenient for your parents – morning, afternoon, evening or weekend!  The following presentations last about 2 hours:

1.    Banking 101
2.    Checking Account & ATM Transactions
3.    Saving for a Special Purchase
4.    Lines of Credit
5.    First Time Homeowners; and How to Get a Mortgage

Please visit our website at www.forfamilysuccess.org  for details on each presentation. For the families’ convenience, TD Bank will also have representatives on site to open accounts or to answer questions about their banking needs.  Through TD Bank’s Bank at Work Program, attendees who open a non-interest bearing account will receive a $25 credit, and an additional $25 credit will be provided when the account holder signs up for direct deposit with their employer.  Refreshments during workshops will be provided by TD Bank.

If you are interested in hosting a TD Bank Financial Literacy Workshop at your Family Success Center, please contact Penny Dragonetti at (973) 275-1570 or pdragonetti@fisnj.org to schedule a presentation between March and June of 2011.
 

Workshop Descriptions

 
Workshop # 1 - Banking 101
     - America's Most Convenient Bank
     - ATM / transactions
     - Teller / transactions
     - Customer Service / transactions
     - Bank products
           Checking
           Savings
           Credit
           On-line Services
 
Workshop #2 - Checking Account & ATM Transactions
     -  Review rules and regulations of a checking account
     -  Label the parts of a check and write a sample check
     -  Record transactions on a check register
     -  Describe the purpose/working of ATM transactions
 
Workshop #3 - Saving for a Special Purchase
     -  Budget for special purposes
     -  Identify monthly income sources and expenses
     -  Calculate simple interest
     -  Plan a monthly budget
 
Workshop #4 - Lines of Credit
     -  Define credit and how to get credit
     -  Describe criteria for a good credit rating
     -  Recognize and explain why banks institutions offer credit to their customers
     -  List perks offered by credit card companies
     -  Compare/contrast borrowing money with borrowing an object
 
Workshop #5 - First Time Homeowners; how to get a mortgage
     -  Owning vs Renting
     -  The benefits of home ownership
     -  What's expected in owning a home
     -  Managing your credit
     -  Maintaining a budget
     -  How to get a mortgage