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NMC, WIA and Bank of Hawaii Enhance Financial Literacy Course (May 3, 2011)

The Northern Marianas College Community Development Institute (CDI) recently collaborated with the Workforce Investment Agency (WIA) and Bank of Hawaii to teach students about financial literacy.

The fifteen individuals had taken the “Introduction to Financial Literacy” course, which is part of CDI’s Basic Workforce Development Skills Training. The training consists of fourteen courses that are designed to improve individual knowledge and specific skills geared around actual workforce needs. These courses were created based on course surveys, community need assessments, and employer interviews.

The “Introduction to Financial Literacy” course aims specifically to teach participants how to wisely manage their finances, and make informed financial decisions. The Bank of Hawaii also offers a similar workshop called the “Smart Money Seminar” which focuses on topics such as managing a checking and savings account and understanding the basics of credit.

To enhance the participants’ understanding of financial management, CDI, WIA and BoH collaborated to integrate the “Smart Money Seminar” with the “Introduction to Financial Literacy” course.

“Having participants avail of the Bank of Hawaii ”Smart Money Seminar’ greatly enhanced what they learned in the course,” said CDI Director David Attao. “We are happy to give them the opportunity to learn more from banking professionals about important financial matters.”

CDI is a program under the NMC Division of Community Programs and Services (COMPASS) and that provides a range of specialized academic courses, non-traditional courses, customized training, outreach and extended program services, personal enrichment, and community-based learning that are accessible and affordable to the general public.

WIA is a federal program designed to meet the needs of businesses, job seekers, and others who want to further their careers through employment trainings. Upon completion of trainings at NMC, many of the participants are referred to various businesses in both the public and private sectors.

For more information regarding programs and services offered by CDI, visit their office at the NMC As Terlaje campus in Building P, or contact them at 234-5498 ext. 1010, or email to CDI Program Manager Les Ogumoro-Uludong at [email protected], or log on to www.nmcnet.edu.



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