Wells Fargo holds financial literacy program for local school teachers with Hands-On Banking®
Wells Fargo Enterprise Global Services, LLC – Philippines offers Hands on Banking® Philippines, a comprehensive financial education literacy program that teaches the basics of banking. The program is just one of several ways that Wells Fargo connects with the community as part of the company’s vision to help people succeed financially through financial education.
Wells Fargo Community Affairs Manager Nicole Tirona says, “Financial literacy is a core competency of many of our team members who share their knowledge with others by volunteering in local communities to provide education on financial management and success. Helping others take control of their finances so they can build a brighter financial future is a constant inspiration.”
The curriculum, geared initially towards interested teaching and non-teaching personnel of Wells Fargo partner schools, covers three major topics: Basics of Banking Services, Money Management Tools and Tips, and Protecting Yourself Financially. Course participants also have the option of applying their course learnings in both individual and group settings. Perhaps more importantly, teachers and non-teachers alike can benefit from interactive and engaging real-life scenarios that highlight the values of saving, thrift, and home budgeting.
“I never thought that joining Hands on Banking® would be an eye-opener, as well as a delightful and humbling experience,” said Angelita Olis, a Wells Fargo loan phone banker and volunteer facilitator. “It dawned on me during our course runs that we truly need financial education and it is great that we now have our very own program in the country. The courses were customized to suit the Philippine setting, which makes it easy to understand. We could make good use of this volunteer opportunity, for it is something worth sharing to our family and friends.”
Local Wells Fargo team members rolled out the program at Kapitan Jose Cardones Elementary School in Taguig City, making it the first location outside of the U.S. to launch the financial education program. A year later, it was implemented at Gat Andres Bonifacio Elementary and High Schools. Each offering of Hands on Banking® Philippines was spread out over three consecutive Saturdays, with volunteers from Wells Fargo teaching classes of about 15 to 20 participants.
Generita Espiritu, a teacher and a Hands on Banking® participant, says, “I look forward to the topics and tips about achieving financial security. The discussions are always fun and informative.”
The program, co-managed by NGO partner Hands On Manila, was also modified to have a “condensed version,” covering highlights from all three topics in three hours. Groups including parents, NGO staff members, contract personnel, etc. can benefit from the condensed program. To date, the growing number of Hands on Banking® beneficiaries has reached 220 teaching and non-teaching personnel, 1923 parents, and 40 office maintenance services employees.
Wells Fargo Community Affairs Representative Charo Manriza adds, “Hands on Banking® is a young program here in the Philippines, which means that there are a lot of opportunities that we can still explore. The future is bright for HOB-Philippines and we hope we can extend this program to other participants, schools, and among the staff of our partner NGOs.”
About Wells Fargo Corporate Social Responsibility
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,300 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 263,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. In 2017, Wells Fargo donated $286.5 million to 14,500 nonprofits and Wells Fargo team members volunteered a record 2 million hours. Wells Fargo’s corporate social responsibility efforts are focused on three priorities: economic empowerment in underserved communities, environmental sustainability, and advancing diversity and social inclusion. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
About Wells Fargo Enterprise Global Services LLC – Philippines
Wells Fargo Enterprise Global Services, LLC – Philippines is a subsidiary branch of Wells Fargo Bank, N.A. and a PEZA-registered company with the core business of providing business processing services for Wells Fargo’s U.S.-based customers. The company started operations in November 2011, with less than 100 team members. Now, the company has approximately close to 4,500 team members. It has constructed a three-building facility, all of which are now occupied.
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