Santander Commits $2.5M to City Year
The parent company of Santander Bank has committed $2.5 million in funding over three years to Boston-based City Year, which supports U.S. public schools that are considered under-resourced.
Banks Respond to Equity Concerns with Financial Education for New Entrepreneurs
The pandemic startup surge is showing little sign of abating, and some local banks are expanding their financial education programming to support new – particularly minority – business owners, and perhaps win new customers along the way.
Bill Would Mandate Personal Finance Education in Schools
Unlike children in about half of U.S. states, students in Massachusetts do not have to learn about personal financial topics in school, and that could be hurting less-affluent communities.
MIT FCU Establishes Social Impact Internship
MIT Federal Credit Union has partnered with MIT’s Priscilla King Gray Public Service Center (PKG) to establish a social impact internship position to give students an opportunity to contribute content to “Student Talk,” a new feature on on the credit union’s Money Talk blog.
New State Financial Literacy Standards a Welcome Change
For a number of years, Massachusetts had received a failing grade on its efforts to produce financially literate high school graduates. A new law signed by Gov. Charlie Baker in January hopes to change that.
State Senate Approves Bill Requiring Financial Education to be Formal Part of School Curriculum
The state Senate last week passed a comprehensive financial literacy bill that will require all public schools to incorporate financial education into their curriculum.
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