YouthSource program participants attended a Banking Opportunities Roundtable and learned about safe banking tools and healthy financial habits
For the second year in a row, youth from the City’s 14 YouthSource Centers attended a Banking Opportunities Roundtable where they met with financial institutions to learn about youth friendly products.

Similar to speed-dating, youth met with financial institutions and representatives from the Los Angeles Saves Campaign for 10 minutes each to learn about products designed to help them save money and/or open their first bank account.

Approximately 22 financial institutions signed up for the event and nearly 70 people attended. The event was held at the Youth Opportunity Movement YouthSource Center in Watts.

The Roundtable provided a networking opportunity for YouthSource Centers to invite bank branches to their Center and establish relationships to educate youth on safe banking. Only banks with FDIC approved youth friendly products were invited to join.

Participating banks also gave feedback that this event provided them more insight into the financial issues faced by local area youth, many of whom live in under-served and low-income communities.

Learn more about EWDD Youth Services and the YouthSource Centers

This story is part of the EWDD UPDATES from the week of 6/25/2018. Read this issue and more.