Connecticut Students Build Money Management Skills
Expanding the College-Bank Collaboration To Support Students’ Financial Literacy
For college students on tight budgets, money management is a priority. That’s why Patriot Bank, N.A. has extended its partnership with Housatonic Community College (HCC) and its Foundation to help students become as smart about their money as they are about their studies, through the creation of a new financial literacy website, workshops and educational panels.
The innovative financial literacy website-Housatonic.edu/finlit- offers tools to help students gain control of their financial lives. Through articles and videos students can get educated on budgeting, paying down debt, savings, credit and investing, so they can improve their relationship with money, and align their fiscal behaviors with their financial goals. There is even a section for students to ask questions about personal finance or financial resources offered by the college itself.
“We are thrilled to partner with Patriot Bank in creating this incredible new resource that will provide students, and our community, guidance on their financial life journey,” said Mary Ann Vlahac, HCC’s Assistant Professor of Business Administration, and Chairperson of HCC’s Business Department.
In addition to the new website, a series of financial literacy workshops and educational panels will also be held. A Facebook Live event will take place on September 29th at 10 a.m. on HCC’s Facebook page (@HCCBridgeport) to officially launch the website and introduce the initiative.
“Patriot Bank’s commitment to providing financial literacy tools is about empowering individuals to make better personal and business decisions,” said Judith Corprew, Patriot Bank’s Executive Vice President and Chief Compliance Officer. “This collaborative effort with Housatonic Community College allows us to tailor our message to the student audience they serve, with the goal of helping them develop healthy money habits.”
These financial literacy offerings are just the latest initiative in Patriot Bank’s long partnership with Housatonic. Patriot Bank Scholarships are generously awarded to high-achieving, low-income HCC students who demonstrate a dedication to community service and student leadership. The scholarship grant was recently increased for the 2020-21 academic year, providing even more students with educational opportunities they had considered beyond their reach. The financial institution also offers a convenient Automatic Teller Machine on the HCC campus.
“Patriot Bank has a proven commitment to giving our economically challenged students a leg up, and is dedicated to helping them understand that financial decisions they make today can affect their lives for decades to come. This new resource will serve Housatonic students, and in turn, the broader Fairfield County community,” said Kristy Jelenik, Executive Director of Housatonic Community College Foundation.
Caption For Photo Above: Financial Literacy.jpg Financial Literacy2.jpg Caption: Patriot Bank and Housatonic Community College team up to build students’ money management skills through the creation of a new financial literacy website, workshops and educational panels.
About Patriot Bank, N.A. Patriot Bank, N.A. is headquartered in Stamford, Connecticut and provides consumer and commercial banking services to individuals, government and nonprofit entities, small and medium-sized businesses, and professionals. Patriot Bank currently operates 9 full-service branches, 8 in Connecticut and 1 in New York. Patriot also provides a Live Banker ATM on the Housatonic campus to serve students, faculty, and staff there. Patriot Bank was founded in 1994. https://bankpatriot.com
About Housatonic Community College Foundation Founded in 1990 by a team of business and arts leaders from the greater Bridgeport community, the HCC Foundation is a 501(c)(3) non-profit organization that solicits, secures and manages contributions from the private sector through individuals, corporations and foundations for the benefit of HCC. The HCC Foundation distributes resources in the form of full and partial scholarships to students with proven academic performance and demonstrated financial need.
Thanks to funding from Jobs for the Future in partnership with the CSCU Success Center, this professional development opportunity will be made available at no cost to the nominees.