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DISB to Offer Financial Education Programs, Resources in Recognition of Financial Literacy Month

Monday, April 3, 2017

WASHINGTON, DC) – The District of Columbia Department of Insurance, Securities and Banking (DISB) is offering educational programs and resources for District residents to help them assess their financial well-being during the month of April in recognition of National Financial Literacy Month.

“Providing families with the educational tools they need to strengthen their financial well-being is an important goal of the Bowser Administration. We are committed to creating an inclusive city where families can grow their wealth and create a sustainable economic foundation for generations to come," said Commissioner Stephen C. Taylor.

DISB, the District’s financial regulator, will provide financial education in the community throughout the month with a focus on supporting Mayor Muriel Bowser’s Economic Strategy of creating inclusive prosperity in the District of Columbia.

Among the programs and resources that will be offered include:

  • Financially Fit DC, a comprehensive financial literacy program designed to empower residents to take control of their financial wellbeing. The program is anchored by a web-based tool that will allow residents to assess their financial health from the comfort of their homes. To access the program, please go to welcome.financiallyfitdc.com.
  • Staff from the agency’s Bank on DC program will be conducting financial education classes for residents young and old throughout the community to help connect them with more affordable banking options. Additionally, the staff will discuss the importance of building a saving account and personal money management. To learn more, please follow on Twitter @bankondc or visit bankondc.org.
  • DISB will host a reverse mortgage seminar to help educate seniors about the myths and realities of reverse mortgages. The seminar will be held on April 24 at 1 p.m. at Model Cities Senior Wellness Center, 1901 Evarts Street, NE.
  • DISB will continue its “Money Smart for Older Adults” presentations which help seniors avoid being victims of financial fraud. The program will focus on descriptions of financial scams that target the elderly and methods to help the elderly self-protect themselves from scammers. The presentations will be held at two locations in April: IONA Senior Services, 4125 Albemarle Street, NW on April 4 at 2 p.m.; and at Seabury at Friendship Terrace, 4201 Butterworth Place, NW, on April 19 at 12 p.m.
  • DISB in collaboration with the Investor Protection Trust, will participate in DASH for the STASH, an investor education contest starting April 18 that tests residents’ knowledge on investment and retirement topics for a chance to win a $1,000 contribution to open or add to an existing retirement account. Follow DISB on Twitter @DCDISB for more information.

To learn more about DISB, go to disb.dc.gov.