a) savings accounts, checking accounts, family savings accounts
b) loans (home, auto, education, business)
Credit / Budgeting
Investing
a) stocks, bonds, mutual funds
b) other
Financing a Major Purchase
/ Loans
a) home
b) car
c) tuition
d) other
Abusive Credit Practices
/ Predatory
Tax Preparation
Bankruptcy / Foreclosure
Home / Apartment
a) purchase
b) rental
c) repairs
d) selling
e) refinance
Insurance Coverage
a) property / renters
b) health / dental
c) life
d) auto
Educational Access
How are financial education programs delivered?
Classes / workshops
One-on-one counseling
Internet-based counseling
Other:
Fees
Are there fees for financial education program?
Yes -
Program name:
Fee:
No -
Free
programs offered include :
Our direct services are free-of-charge. We do connect residents with other financial education providers.
Target Audience
What target audience do these program serve?
Adult
School-age children / youth
Homebuyers / homeowners
Location-based, or exclusively serves
residents of a particular community or area
Program-based eligibility, or exclusively
serves clients of yours or other agencies
Neighborhood
Other:
Descriptive Program Information
Geographic Area(s) Served
West Virginia and surrounding areas
Description of Program(s)
West Virginia Saves is a coalition of financial institutions, faith-based organizations, employers, schools, non-profit organizations, and government entities working together to motivate individuals and families to build wealth by saving.
Materials / Publications
The FDIC is one of our partners. As a result, every Saver receives receives inforamtion about the Money Smart curriculum. A link to the program is available on our home page.
Mission
Our goal is to enroll 10 - 40% of the state's residents in a savings plan. The savings plan can take the form of a special low-fee savings account, 401k, IRA, certificate of deposit, money market, trust account, investments, Smart529 account, or the reduction of debt. Participants can also save at home.One large part of the campaign?s mission is to encourage homeownership since this can build wealth for both current and future generations of a family.
Referral Programs
Any other financial education programs that this
organization uses as a referral source.
Name of Program
Organization
Phone Number
1.
We have many community partners. It depends on the Saver's needs.
2.
3.
Program Effectiveness
Since our inception, over 4,000 people have made the personal commitment to save money and have enrolled as Savers. We also have a Facebook page with over 1,600 friends.