“Some financial institutions are also targeting specific demographics with high rates of financial illiteracy. For example, my own institution, Beneficial State Bank, has partnered with nonprofit organizations Impact Justice and Creating Restorative Opportunities and Programs to provide a series of financial wellness classes to formerly incarcerated individuals. Another example is Fifth Third Bank, which offers Fifth Third Bank Finance Academy, a free online financial education program designed for educators to help junior high and senior high students learn different aspects of personal finance and entrepreneurship.”
