Denver Youth Receive Financial HOPE from Banks, Credit Unions
DENVER -- Students at the city's public schools will soon have access to a number of volunteers that will teach how to realistically manage finances.
On Nov. 1, Denver Mayor John Hickenlooper and Operation HOPE Founder and CEO John Hope Bryant, launched "Banking on Our Future," a financial literacy program that will teach Denver youth the basics of checking, savings and the importance of credit and investment, using a network of area HOPE Corps volunteers from financial institutions and private firms. Kids that complete the yearlong program will be able to open a "Starter Savings Account."
Alliant Credit Union and Denver Community Federal Credit Union provided volunteers to help kick off Wednesday's launch, helping teach sessions to more than 80 students.
In its 10th year, the BOOF program has educated more than 197,000 youth nationwide. Bank of the West is the lead sponsor of the Denver program and will provide $375,000 to fund it over the next three years. Volunteers from Citywide Banks, Edward Jones, 1st Bank, Regis University, State Farm, US Bank and Wells Fargo also volunteered on Nov. 1.