FDIC and CFPB Offer Teacher Resource Center

Throughout April, we are celebrating Financial Capability Month by featuring a variety of financial education programs and resources that you can put to use in your classroom right away. The sixth of these programs is the Teacher Online Resource Center.

The Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) have teamed up to make it easier for schools to bring financial education into the classroom by developing a one-stop-shop for educators. Their Teacher Online Resource Center provides tools to help you teach personal finance including lesson plans, videos, and other resources.

  • Money Smart for Young People – The FDIC provides a free and comprehensive financial education curriculum at four grade levels: PK-2, 3-5, 6-8, and 9-12. Special features of each curriculum are:
    • Lessons that can be taught alone or in combination
    • Ideas for grade-level modification
    • Real-life exercises and example
    • Suggestions for optional books or online games/tools that can reinforce student understanding
    • Parent and caregiver guides to engage parents.
  • Videos – The video section of the Teacher Resource Center includes a total of eight videos. Five of the videos provide information for teachers on the Money Smart for Young People curriculum. The remaining three are devoted to strategies educators can use to teach students about spending, saving, and banking.
  • Educator Resources – Want more resources to improve your financial education instruction? The Money Smart News and FDIC Consumer News provide information that can help you stay up-to-date on financial education and related issues. Other resources are also linked including the Money As You Grow program from CFPB and the FDIC Learning Center.
  • Youth Banking Resource Center – Research from the U.S. Treasury Department concluded that students have more positive attitudes towards banks and are more likely to have a bank account if there was a branch of a federally-insured financial institution. Plus, having a bank account boosts the effect of financial education instruction on students. The Youth Banking Resource Center helps schools and banks that wish to partner to bring savings opportunities to students. The implementation resource section of the site provides numerous documents including:

Look for more featured resources throughout April: Financial Capability Month. 

Disclaimer: Resources included on the Making Cents blog have been reviewed by Pennsylvania educators and deemed worthwhile for classroom or professional use. Inclusion does not indicate endorsement by the Pennsylvania Department of Education or Penn State University.

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