Wells Fargo & Company announced today that it has launched Hands on Banking ® for Military to address the financial literacy challenges facing military members, veterans and their families. Hands on Banking for Military is designed to address military members’ unique needs at every stage of their career. The program presents 10 individual lesson topics ranging from the basics of banking to planning for retirement.
“Many military members and their families face unique challenges that put them at a financial disadvantage, including deployments and moving around every few years,” said Brian McCullough, Wells Fargo Military Affairs program manager. “These men and women sacrifice their lives for us. The very least we can do is give them the right financial tools to help them through these transitions. They have been there for us. We want to be there for them.”
Wells Fargo has joined forces with the National Foundation for Credit Counseling (NFCC) to bring Hands on Banking for Military to service members in the continental United States. Through close to 700 locations across the country, NFCC’s Member Agencies will teach local Hands on Banking for Military classes. In addition to the group education designed to keep military personnel and their families on a path to financial stability, more than 2200 NFCC agency counselors will provide one-on-one personalized financial reviews, budget planning and concrete solutions to pressing financial concerns. Military and veteran groups wishing to have a representative teach a class, or individuals interested in scheduling a session with a financial specialist can contact the NFCC at (855) 374-2773.
“The NFCC is honored to have been selected by Wells Fargo as their partner for this program to bring financial education and solutions to generations of servicemen and women,” said Susan C. Keating, president and CEO of the NFCC. “This opportunity to provide financial freedom to those who have protected our freedom is indeed an initiative the NFCC and its Member Agencies across the country are proud to be a part of.”