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
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
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
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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
*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
*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
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People's Emergency Center J.O.B.S
Program
325 N. 39
th
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
*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
