In celebration of April as Financial Literacy Month, the Bowser Administration, through the DC Department of Insurance, Securities and Banking (DISB), will offer free educational resources and services for District residents and small business owners.
DISB will share financial education, tips and information during Financial Literacy Month via social media under the themes listed below. Subscribe here to get updates from DISB. Also, you can follow DISB on X: @DCDISB and @BankonDC, Instagram: @disb_dc and @ LinkedIn: here. Like DISB on Facebook and watch consumer education videos at disb.dc.gov/page/videos and listen to podcasts at disb.dc.gov/service/podcasts
Upcoming Events:
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April 9: Wardrobe, Workforce and Wealth Wednesday
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April 15: Fathers & Finance: Financial Foundations
For more DISB events and details, visit disb.dc.gov/events
Mayor Bowser’s vision for inclusive prosperity and financial empowerment will be celebrated throughout April, offering Washingtonians opportunities to learn about the basics of financial planning, developing assets, protecting assets, and making wealth generational.
DISB offers free educational resources to help District residents establish and maintain healthy financial habits:
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Financially Fit DC is an initiative designed to strengthen the financial stability of individuals, families and the District community. The program helps residents identify short-term needs, make a budget and set plans to reach long-term goals through a personalized roadmap.
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The Student Loan Ombudsman helps families and prospective students identify alternate sources of funding (e.g., scholarships and grants) and minimize student loan debt. Also, the Ombudsman can show college graduates how to understand loan repayment options and identify debt relief programs and resolve complaints.
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DC BizCAP facilitates access to capital for District entrepreneurs and small businesses and helps create sustainable economic development. It provides alternatives to traditional commercial financing to facilitate private lending and investments in District small businesses.
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The Bank on DC program provides mainstream access to financial services, products and financial education to unbanked and under-banked households in the District. The program partners with banks and credit unions to offer bank accounts that have low minimum balance requirements and no or low-cost monthly fees.
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A library of Consumer Alerts and Consumer Guides are available with information to help consumers avoid being a victim of fraud or unfair and fraudulent business practices. The alerts and guides also include helpful information on insurance, mortgages and investing.
- The Foreclosure Prevention and Mediation program provides resources to help District residents avoid foreclosure, including foreclosure mediation, housing counseling and legal aid for homeowners.
- The Office of Innovation helps companies understand the regulatory landscape and identify pathways to establish or grow their presence in the nation’s capital. As the District continues to elevate Fintech as a strategic growth sector, the Office of Innovation plays a key role in promoting Washington, DC as an inclusive, global, and innovative hub for financial services and emerging technologies.
Video
DISB Celebrates Financial Literacy Month
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