American Federal Savings Bank, located in Montana, offers employees the Financial Wellness program as well as offering members of their local communities access to Financial Peace University. Specifically, American Federal reaches out to more than 450 students at 11 area high schools as part of its Foundations in Personal Finance.
American Federal is the first bank in Montana to have initiated this practice and sponsor in local high schools. Sponsorship was the idea of the bank’s CEO, Pete Johnson. In 2010, the program began in Helena, Bozeman, Butte and Townsend, and in 2012, the financial literacy program expanded into Missoula, Hamilton, Big Timber, Livingston, Billings and other eastern Montana communities.
Throughout the month of August, we’ll be posting regular posts highlighting financial literacy information, including community banks who are active in their local communities’ financial literacy programs.
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