HOUSTON, June 6, 2012 (GLOBE NEWSWIRE) -- Money Management International (MMI) has been awarded a $187,000 grant from Chase Card Services, a division of JPMorgan Chase & Co., to help American consumers gain access to important financial literacy programs designed to help them become financially stable.
Grant funds made possible through Chase's Financial Literacy Grant initiative support MMI's Journey to Financial Security program and community-based workshops, both of which focuses on providing financial education that not only helps to build a solid financial foundation, but also assists consumers in developing the skills needed to reach long-term financial success.
Over the next three to five years, this funding will enable consumers across the nation to participate in education and case management programs intended to improve competency levels centered on core financial literacy topics such as setting and reaching financial goals, building savings and wealth, managing income and expenses, and using credit wisely. In addition, participants will learn strategies for managing decisions surrounding financial life-stages such as paying for college, planning for marriage and family, and saving for retirement.
"We commend Chase for taking steps to assist individuals in gaining access to financial education programs," said Jo Kerstetter, vice president of education and community relations for MMI. "We are excited to partner with Chase on this important effort to build stronger communities and provide residents with the financial tools and resources needed to reach long-term financial success."
Chase's Financial Literacy Grant program awards funds to community organizations focused on financial education and empowerment throughout the United States.
"Now more than ever, Chase is committed to increasing access to information and assistance that can help individuals improve their financial situations and secure their financial futures," said Gina Luna, chairman of Chase in Houston. "We are pleased to provide MMI with the funding they need to help ensure their program's success.
To learn more about Chase's philanthropic initiatives, contact Greg Hassell at Greg.Hassell@chase.com.
About Money Management International
Money Management International (MMI) is a nonprofit, full-service credit-counseling agency, providing confidential financial guidance, financial education, counseling and debt management assistance to consumers since 1958. MMI helps consumers trim their expenses, develop a spending plan and repay debts. Counseling is available by appointment in branch offices and 24/7 by telephone and Internet. To learn more, visit MoneyManagement.org or call 800.432.7310.
About Chase
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. Chase serves more than 50 million consumers and small businesses through more than 5,500 bank branches, 17,500 ATMs, credit cards, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships. More information about Chase is available at www.chase.com.
Contact:
Tanisha Warner
Media Relations
713.394.3202
Tanisha.Warner@MoneyManagement.org
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