Costa Mesa, Calif., Jan. 19, 2010 — Experian®, the global information services company, and the National Bankers Association (NBA) Foundation today announced a new pilot program focusing on financial literacy outreach in underserved communities. This initiative will reach consumers through NBA member banks, many of which are located in distressed urban centers.
“Ensuring all consumers have access to useful resources to help them better manage their finances is a core value for Experian,” said Maxine Sweet, vice president of public education at Experian. “Through this initiative with the NBA Foundation, we can help families in need obtain educational tools that will help them build and protect their financial future.”
Consumers will have the opportunity to learn how to better manage debt, how to check a credit report, what a credit score really means, how to protect themselves against identity theft and how life circumstances affect personal finances.
Comprehensive and multifaceted education outreach plans will be instituted by each of the NBA banks participating in the initial pilot program. The project then will be expanded to other member banks throughout the United States. Education outreach will be conducted at bank branches, community schools, local churches and community organizations. A companion Website also will be developed, providing a streamlined method for member banks to access the entire curriculum, additional information, presentations and materials.
“Since 1927, the NBA has served as an advocate for the nation’s minority- and women-owned banks,” said Victor Cook, executive director of the NBA Foundation. “Joining forces with Experian on this new financial literacy project will enable us to instill a vital education element into our program that will provide avenues for continued success and growth.”
Experian has been committed to helping consumers manage their finances for more than 15 years. Through a host of educational programs and a wide array of products designed to help manage credit, Experian provides consumers with the resources they need to make wise financial decisions.
More information about Experian’s educational resources can be found at http://www.experian.com/consumer/credit_education.html .
Experian Corporate Relations
1 714 830 7153 Telephone
National Bankers Association Foundation
1 202 588 5873 Telephone
Experian is the leading global information services company, providing data and analytical tools to clients in more than 65 countries. The company helps businesses to manage credit risk , prevent fraud , target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score and protect against identity theft .
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2009, was $3.9 billion. Experian employs approximately 15,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; Costa Mesa, Calif.; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com .
Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners.
About the National Bankers Association Foundation
The NBA Foundation was formed to advance the banking profession by enhancing the knowledge and competency of minorities in the industry through the sponsorship of awards, grants and other educational programs.
In addition, the NBA Foundation is spearheading a national movement to promote financial literacy through training programs designed for its affiliated member banks and through public education campaigns, including the use of national media.