Numbers are a big part of the financial services world, but here are three of the most important: 56,000 projects, more than 100,000 volunteers, and over 3.6 million people helped.
That’s what the member institutions of the Financial Services Roundtable reported doing in Community Service for the 3rd quarter of 2010.
Roundtable member companies completed 56,582 community service projects with the support of 113,925 volunteers. Of these community service projects, 4,870 were financial education-based. Over $6.6 million was raised in support of these financial education programs. Over 3.6 million consumers were helped through the industry’s community service efforts.
So far in 2010, Roundtable member companies have completed 157,812 total community service projects and 18,150 financial education projects. For more details, look at this publication.
Promoting financial literacy is a true focus of the financial services industry—we are making great headway, but there is more to do,” said Steve Bartlett, President and CEO for the Financial Services Roundtable. “Our companies are both creating their own programs and forming partnerships with exceptional organizations to promote the goal of a financially fit America.”
As the report shows, TD Bank completed the most (825) financial education projects in the third quarter of 2010. TD Bank works with local schools and youth organizations to educate students about money, saving, banking and investing using the TD Bank Wow!Zone financial literacy program. TD Bank also provides job training programs, college readiness training, prevention programs for at-risk youth, foreclosure prevention programs and financial education for first–time homebuyers and small business owners.
The top five companes with the most financial education projects in the third quarter of 2010 were:
• TD Bank: 825
• HSBC North America Holdings Inc.: 788
• The PNC Financial Services Group, Inc.: 581
• The Charles Schwab Corporation: 345
• Regions Financial Corporation: 249
Click here for a list of National Sponsors of Community Service 2010.
The Roundtable is especially thankful to the 156 Members of Congress who attended these events or lent their name to the Community Service Honorary Congressional Host Committee.
Community Service non-profit Partners include: AARP Foundation, The Boston College Center for Corporate Citizenship, The Council for Economic Education, Habitat for Humanity, HandsOn Network, Jump$tart, Junior Achievement, March of Dimes, NeighborWorks® America, Operation HOPE, Opportunity International, Rebuilding Together, SER—Jobs for Progress, The Society for Financial Education and Professional Development, Women in Housing and Finance Foundation and The Women’s Institute for a Secure Retirement (WISER).
For more information please visit www.financialcommunityservice.org.