OFFICE OF FINANCIAL EDUCATION

Community Financial Access Pilot

Financial Network Guidelines & Provider List

March 2009
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Bank on Philadelphia

Financial Education Network

The Bank on Philadelphia Financial Education Provider Network strongly recommends

following the practices outlined in this document for providers interested in providing

financial education and preparing clients to open a checking or savings Fresh Start

Accounts (Second Chance Account) with a participating BoP financial institution. The

financial education providers under this network all are considered BoP accepted providers.

Core Competencies

Classroom curricula should include budgeting, savings, account

management, banking products, an overview of financial services, information about

local resources and other competencies as determined by provider.

Spending Plan Learners gain understanding of elements for preparing

and managing a personal spending plan.

Saving Learners are introduced to the benefits of saving and how

to set reasonable and achievable savings goals. In

addition, strategies for establishing a savings account and

developing savings habits will be reviewed.

Account Management Learners will review:

1) the importance of record keeping and be

introduced to a variety of record keeping

strategies;

2) the functionality of the debit card as well as

common mistakes and pitfalls that can come with

debit card use; and

3) common banking procedures (i.e. writing checks,

deposits, withdrawals, and deposits availability);

4) choosing and opening an account.

Banking Products Learners are introduced to no or low-cost financial

products specifically designed to help lower their costs in

conducting daily financial transactions. These products

and services are found in the BoP Financial Products and

Services Catalog.

Cost of Financial

Resources

Learners are introduced to the high cost of using

alternative financial services such as pay-day lenders,

check cashers, and the effect these services have in

depleting their personal earnings.

Pre and Post Survey

Instructors will ask learners to take a pre and post survey as part of the financial

education session. The purpose of the survey is to measure the impact of the financial

education session and learning achieved by the learner. The results of the pre and post

surveys will be reported on a macro level on a quarterly basis.
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Certificate of Completion

Providers will issue a Bop Certificate of

Completion to the learner upon

completion of the financial education

session. For providers teaching the PNC

Financial Education Curriculum, you will

issue a PNC Certificate of Completion.

The client must take the certificate to a

participating BoP financial institution to

open a Fresh Start Account. PNC will only

accept the PNC Certificate of Completion

to open an account. Go to

http://www.philadelphiacontroller.org/bo

p/default.htm to download and print

copies of the certificate for your

students.

Learners

The Financial Education Provider Network encourages providers to ensure that their

curriculum meets the diverse needs of their learners.

Literacy The reading level is appropriate for the learners.

Diversity Materials reflect diversity in areas such as age, race, gender, and

household income.

Culturally

Sensitive

Text, illustrations, and learning activities are culturally sensitive

and appropriate for the learners. Text is translated if necessary.

Comprehension Sessions are 1 1/2 hours to 2 hours in length.

Achievement The BoP Certificate or PNC Certificate of Completion is

provided to all participants upon completion of financial

education session. A pre and post survey will also be

distributed in class to measure knowledge gained and the

impact of the learning session on the learner.

Delivery The delivery of the financial education material is flexible

for the learners (one-on-on, group or class instruction,

self-study via CD, or online study).

Note: Participants ‘must’ take their certificate to a participating BoP financial institution

to open a Fresh Start Account or new account as applicable.

Tracking and Reporting

It is recommended for the financial education providers to track and report the following

performance measures. Providers may also include other measures as appropriate.

 Number of referrals to financial institutions for accounts by non-financial institutions

 Total number of financial education workshops

 Total number of participants in financial education classes

 Total number of participants surveyed

 Average score for pre-test by percentage

 Average score for post test- by percentage
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 Number of referrals to financial education workshops

 Demographic background of financial education participants (if available)

Note: Calculating Scores for Quarterly Reports

1. Add all scores for pre and post-tests / total number of participants = Average Score

2. Average score (13.65) / Perfect score (21) = Average Percentage

Reporting Period Requirements

Period Ending: Reporting Due Date:

June 30, 2009 July 10, 2009

September 30, 2009 October 10, 2009

December 31, 2009 January 10, 2010

Data Collection Contact

Holly A. Chase

Financial Education Specialist

Pennsylvania Office of Financial Education

17 N. Second Street, 13th Fl. | Harrisburg, PA 17101

Phone: 717-783-2498

hollychase@state.pa.us

Bank on Philadelphia Coordinators

Kent Reichert

Director, Financial and Policy Analysis

Office of the Controller

City of Philadelphia

1230 Municipal Services Building

1401 JFK Blvd.

Phila., PA 19102-1679

(215) 686-6680

kent.reichert@phila.gov

Sonia E. Klukas

Community Consultant

Office of Financial Education

U.S. Department of the Treasury

1500 Pennsylvania Ave. NW, Rm 1414

Washington, DC 20220

202-622-8355

Sonia.Klukas@do.treas.gov
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BoP Financial Education Network Providers

American Heritage Federal Credit Union

2060 Red Lion Road

Philadelphia, PA 19115

Lynette Smart

215-969-2959

lsmart@amhfcu.org

Arbor EARN Center

2701 N. Broad St. 4th floor

Philadelphia, PA 19132

Edward R. Johnson

215-430-4930

ejohnson@arborearn.com

BuildaBridge

205 West Tulpehocken Street, Apt. 2

Philadelphia, PA 19144

Alina Tudose

215 842 0428 x 11

institute@buildabridge.org

Cardinal Bevilacqua Community Center

2646 Kensington Avenue

Philadelphia, PA 19125

Edilma Franco

215-426-9422

efranco@chs-adphila.org

*Services available in Spanish and

Vietnamese

Caring People Alliance

3512 Haverford Avenue

Philadelphia, PA 19104

DiAne L. Spencer

215-386-4075

dspencer@caringpeoplealliance.org

Connection Training Services

2233 W Allegheny Ave

Philadelphia, PA 19132

EDSI-South

1500 Walnut St. Ste. 800

Philadelphia, PA 19102

Shana McCarron

215-772-0870

smccarron@edsicnorpoarted.com

*Services available in Spanish, Vietnamese,

Chinese, Japanese

Esperanza EARN Center

4261 N. 5th Street

Philadelphia, PA 19140

Christina Reyes

215-967-9711 ext: 116

creyes@esperanza.us

*Services available in Spanish and French

Greater Philadelphia Urban Affairs Coalition

(GPUAC)

1207 Chestnut Street, Suite 500

Philadelphia, PA 19107

Shante Antrom-Gowans

215.851.1740

sgowans@gpuac.org

*Services available in Spanish

Interfaith Hospitality Network NW

13 E Mount Pleasant Ave

Philadelphia, PA 19119

Valerie J. Harris

215 247-4663 x 139

VHarris@philashelter.org

KRA Corporation

301 E. Chelten Ave, Ste 201

Philadelphia, PA 19144

Anita Davis

267.338.1260

AWDAVIS@KRA.COM

Judith G. Ortiz

215.430.0381

JOrtiz3510@aol.com
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People's Emergency Center J.O.B.S

Program

325 N. 39th Street

Philadelphia, PA 19104

Aaron J Gooding, Sr.

2153827523 ext 301

AGooding@pec-cares.org

Philadelphia Federal Credit Union

12800 Townsend Road

Philadelphia, PA 19154

Karl Bernhard

215-934-3581

Kbernhard@PFCU.com

*Services available in Spanish, Hindi, Pharsi,

Hurdo, Panjabi, Serbian, and Russian

PNC Bank Community Development

Banking

1600 Market Street

Philadelphia, PA 19103

Nelson Acevedo

215-585-8657

nelson.acevedo@pnc.com

*Services available in Spanish and some

Asian languages

The Partnership CDC

4020 Market Street

Philadelphia, PA 19104

Shawn McGeth

215-307-4917

smcgeth@thepartnershipcdc.org

The Partnership CDC Housing Counseling

Program

4020 Market Street

Philadelphia, PA 19104

Steven Williams

2156221612

swilliams@thepartnershipcdc.org

*Services available in Spanish

Women In Transition

21 S 12th Street, 6th Floor

Philadelphia, PA 19107

Irene L. Brantley

215-564-5301 x130

ilbrantley@womenintransitioninc.org

*Services available in Spanish

U.S. Department of Labor Women's Bureau

Curtis Center, Suite 631 East

170 S. Independence Mall West

Philadelphia, PA 19106

Lucia Bruce

215-861-4860

bruce.lucia@dol.gov

Women Organized Against Rape

1233 Locust Street, #202

Philadelphia, PA 19107

Jacqueline Rogers

215-985-3315x152

jacqueline@woar.org

*Services available in Spanish and Chinese

Women's Business Development Center

1315 Walnut Street, Suite 116

Philadelphia, PA 19107

Geri Swift

215-790-9232

info@womensbdc.org