EXTRA! EXTRA! Salt Lake County Library Services and the English Skills Learning Center launch new financial education programs with grant.
Salt Lake County –Salt Lake County Library Services and the English Skills Learning Center are pleased to announce that access to better financial and investor information and educational programs are coming to Salt Lake County with the launch of Smart investing@your library®.
Salt Lake County Library Services was one of 14 public libraries nationwide chosen through a competitive process to win a grant from the American Library Association (ALA) in partnership with the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation as part of Smart investing@your library®. This prestigious grant will help to build the capacity of Salt Lake County Library Services, The English Skills Learning Center and other partners to provide effective, unbiased financial and investor education to the refugee and new immigrant community.
With the funding, Salt Lake County Library Services, the English Skills Learning Center, the Utah State University Salt Lake Extension Office, the Guadalupe School, the International Rescue Committee and the Asian Association of Utah--‐SLC will provide quality and culturally appropriate programming to build understanding and literacy surrounding financial concepts to Utah Residents with refugee and immigrant backgrounds. These partners have identified the need for new arrivals to understand basic banking, budgeting, future planning, credit products and the consequences of utilizing credit in Utah and the United States in order to integrate, succeed, and become self--‐sufficient. The financial literacy information, initially, will be provided through English classes offered by partners and will later be offered at more advanced levels as stand--‐alone classes open to the public.
“It’s an honor to be a recipient of this generous grant from the FINRA, Investor Education Foundation. This funding will help us provide free, unbiased financial information and programs essential to our community,” said Salt Lake County Library Director James D. Cooper. “Smart investing@your library® supports our desire to educate, inform and innovate new possibilities for some of our most vulnerable population. We’re excited to collaborate in new ways with trusted community partners and continue delivering information to help shape a brighter future for our citizens.”
“The libraries participating in this grant program make reliable financial information and education readily accessible in their communities,” said Gerri Walsh, President of the FINRA Foundation. “Libraries are paying close attention to their communities’ needs and aspirations, and can respond in creative, sustainable ways to help residents achieve financial goals for themselves and their families.”
Smart investing@your library® is a partnership between the Reference and User Services Association (RUSA), a division of the American Library Association, and the FINRA Investor Education Foundation. The program supports public libraries across the country in their efforts to meet financial education needs at the local level.
The Reference and User Services Association is the foremost organization of reference and information professionals who make the connections between people and the information sources, services and collection materials they need.
Established in 1876, the American Library Association is the oldest and largest library association in the world. It strives to provide leadership for the development, promotion and improvement of library and information services and the profession of librarianship in order to enhance learning and ensure access to information for all. For more information, visit www.ala.org.
FINRA, the Financial Industry Regulatory Authority, is the largest independent regulator for all securities firms doing business in the United States. FINRA is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology--‐based services. FINRA touches virtually every aspect of the securities business—from registering and educating all industry participants to examining securities firms, writing rules, enforcing those rules and the federal securities laws, informing and educating the investing public, providing trade reporting and other industry utilities, and administering the largest dispute resolution forum or investors and firms. For more information, visit www.finra.org.
The FINRA Investor Education Foundation supports innovative research and educational projects that give underserved Americans the knowledge, skills and tools necessary for financial success throughout life. For details about our grant programs and other FINRA Foundation initiatives, visit www.finrafoundation.org.