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Wednesday, October 1, 2003

Banking on Our Future

St. Louis Fed President Bill Poole and Operation HOPE Chairman John Bryant spoke to St. Louis-area children at the Herbert Hoover Boys and Girls Club on June 18. The two taught a lesson from the "Banking on Our Future" classroom curriculum—the only face-to-face economic literacy program taught year-round in public schools at no cost to the schools.

The program, which was developed by Operation HOPE, is available in English and Spanish. It uses a growing network of volunteer bankers to teach four core modules:

  • the basics of banking,
  • how to open and maintain a checking and savings account,
  • the importance of credit and
  • the power of investments.

Operation HOPE is a non-profit self-help organization that collaborates with leading government, private sector and community interests. Its goal is to bring economic self-sufficiency and revitalization to America's inner city communities. Federal Reserve Chairman Alan Greenspan and several Reserve bank presidents are participating in Operation HOPE programs across the country.

Mark Your Calendar for Fed Exchange

Fed Exchange is a regional information-sharing event for the Financial Services customers in the Fed's Fourth and Eighth districts. Here are the dates and locations for the fall 2003 series:

Sept. 9
Four Points By Sheraton | Mars, Pa.

Sept. 10
Holiday Inn Select | Memphis

Sept. 16
Embassy Suites | Lexington, Ky.

Sept. 17
Holiday Inn Airport/South | Louisville

Sept. 23
Holiday Inn | Independence, Ohio

Oct. 7
Holiday Inn South County Center | St. Louis

Oct. 22
Embassy Suites | Dublin, Ohio

Oct. 23
Embassy Suites | Little Rock