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Wells Fargo helps Anchorage students “Get Smart About Credit”


WHAT: Wells Fargo bankers will share the ins-and-outs of smarter credit management with                        Anchorage middle school and high school students in recognition of the American Bankers          Association’s ninth annual Get Smart About Credit Day. Establishing healthy financial behaviors is more important than ever:

  • 42 percent of Americans live paycheck-to-paycheck
  • Source: CareerBuilder, 2011 Survey
  • 60 percent of Americans do not have a “rainy day” fund to cover three months of unanticipated financial emergencies
  • Source: FINRA Foundation State-by-State Financial Capability Survey (2011)
  • 39 percent of homeowners grade themselves a C, D, or F when it comes to their understanding of personal finances and credit management, and 86 percent of homeowners have not checked their credit score or credit report in the past year
  • Source: Wells Fargo Homeowner Survey (2011)

WHO: Crossroads students will participate in a “Get Smart About Credit” session facilitated by Wells Fargo Community Development Manager Judith Crotty. Students will use Hands on Banking, a free financial education program, which teaches people at all stages of life about the basics of responsible money management, including how to create a budget, save and invest, borrow responsibly, buy a home and establish a small business. WHEN: October 26 11 a.m. – 12:30 p.m. WHERE: Crossroads School, 3350 Commercial Drive, #101, in Mountain View CONTACT: David Kennedy, (907) 265-2184, kenneddj@wellsfargo.com

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