SJC to Host Financial Literacy Seminar

BROOKLYN, NY – April 16, 2012 - St. Joseph’s College, the Brooklyn (Kings County) Hispanic Chamber of Commerce, and the office of the Brooklyn Borough President are pleased to announce that the third lecture in the pilot youth financial literacy program will take place on Tuesday, April 17 at the Park Slope Armory YMCA in Brooklyn, NY  at 4 p.m. This event, entitled, “Personal Banking and Savings” will be sponsored and presented by Astoria Federal Savings Bank.

“We teach our young people how to read, but we often overlook financial literacy—being ‘fluent’ in the knowledge of everything from credit scores and maintaining a checking account to securing financial aid and setting up a budget,” said Brooklyn Borough President Marty Markowitz. “If we expect young adults to attend college or hold down a job, they need to be prepared for the financial responsibilities that follow. I am proud to join St. Joseph’s College, The Brooklyn Kings County Hispanic Chamber of Commerce and all of the participating schools and sponsors in helping our youth learn the ‘ABCs’ of dollars and cents.”

At this event, representatives from Astoria Federal Savings Bank will discuss the different types of bank accounts, how to handle an account, and how to responsibly manage and save money for the future. From this presentation, students will have the basic knowledge they need to open a bank account, avoid costly fees and successfully use their money to advance their goals.

“We are very pleased to partner with St. Joseph’s College and the Hispanic Chamber of Commerce on this important program,” said Brian Edwards, Astoria Federal Savings Executive Vice President and Managing Director of the Retail Banking Group. “We feel we can also have a great impact on students at the college level, by reinforcing the concepts of saving and budgeting for a healthy financial future. We want them to make sound financial choices, especially as they establish themselves in the world.”

About St. Joseph's College

St. Joseph's College has been dedicated to providing a diverse population of students in the New York metropolitan area with an affordable education rooted in the liberal arts tradition since 1916. Independent and coeducational, the College provides a strong academic and value-oriented education at the undergraduate and graduate levels, aiming to prepare each student for a life characterized by integrity, intellectual and spiritual values, social responsibility, and service. With campuses located in the Clinton Hill area of Brooklyn and in Patchogue, Long Island, the College offers degrees in more than 29 majors, special course offerings and certificates, affiliated and pre-professional programs.

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