Well-designed economic inclusion strategies can help enhance public trust and confidence in the U.S. financial system. What better way to engage consumers and build trust than to start early through youth savings programs. To strengthen financial education, promote experiential learning, and further economic inclusion, the Federal Deposit Insurance Corporation (FDIC) launched a two-year pilot with 21 financial institutions, along with their school and nonprofit partners, to identify effective strategies and promising approaches to offering financial education alongside safe, low-cost savings accounts. Symposium panelists—including a FDIC representative, a participating banker, nonprofit organization, school, and student saver—will be discussing the benefits, challenges, and promising practices of youth savings programs. This symposium welcomes attendees to join in the conversation about practical ways to promote youth savings through experiential learning.
Symposium Agenda
- Overview of Symposium Objectives and Introduction of Panelists -- Sherrie Rhine, Senior Economist, FDIC - Moderator
- FDIC’s Youth Savings Pilot: Promising Practices and Lessons Learned -- Tracie G. Morris, Outreach and Program Development, FDIC
- A Banker’s Perspective of Youth Savings -- Arellana Cordero, Senior Vice President of Finance, Southwest Capital Bank
- A Nonprofit Organization’s Prospective of Youth Savings -- Ona Porter, Chief Executive Officer, Prosperity Works, A Southwest Capital Bank Partner
- A Teacher’s Perspective of Youth Savings -- Jo Davison, 6th - 8th Grade, Advancement Via Individual Determination (AVID) Program, Washington Middle School, a Southwest Capital Bank Partner
- A Student’s View of Youth Savings -- Mayrene Vasquez, 8th Grade, Washington Middle School, Southwest Capital Bank Partner
- Q&A from the floor
