FELA is on the Maryland State Department of Education Advisory Council for Financial Education. The Council was tasked with supporting the Maryland State Department of Education to develop a financial education curriculum for grades K-12. In June 2010, the Maryland Board of Education adopted the curriculum and made financial education a requirement in every Maryland public school classroom by September 2011.
FELA has worked with the U.S. Department of the Treasury Office of Financial Education in both an advisory and consultancy role. The Treasury has invited FELA to participate in substantive discussions with the Financial Literacy Education Commission (FLEC) related to the National Strategy on Financial Capability as well as provide technical assistance for pilot programs such as Bank on Philadelphia.
FELA is both a partner of the Greater Washington Jump$tart Coalition as well as serves on the Board of Directors. FELA is committed to continuing its support and participation in financial education programs in schools in the Greater Washington area as well as around the country.
FELA has been asked to participate in the Department of Labor WiseUp Women initiative. Through this program, FELA is able to provide expert advise on a range of personal finance topics to individuals from around the country. We feel that our involvement in WiseUp is yet another way for FELA to deliver on its mission of helping people to make smart, informed decisions everyday.
FELA has representation on the Board of Directors at the Community Financial Education Foundation, a Washington DC based 501(c)3 non-profit organization. CFEF is a leader in the financial education community. We are proud to be involved with such an outstanding organization.
FELA is an active partner of the Bank on DC program in Washington, DC. Bank on DC is the first comprehensive program in the District of Columbia to serve the unbanked, those who live without access to mainstream financial institutions and are forced to rely on expensive check-cashing services. FELA created a comprehensive web presence for Bank on DC at www.bankondc.org as well as integrated its online financial education platform at www.bankondc.org/financialeducation.