County National Bank in Hillsdale is being honored by the Michigan Bankers Association for their financial literacy efforts. They will receive their 2011 Financial Literacy Award during their region’s MBA Group Meeting May 16 at Oak Pointe Country Club in Brighton.
This award is given to banks making the greatest efforts to educate their community on financial literacy.
County National Bank reached more than 2,200 individuals through their financial literacy efforts. The bank held several seminars for adults on topics such as foreclosure prevention, elder abuse and neglect and identity theft prevention
The bank also visited local elementary schools and presented portions of the Get Smart About Credit program and spoke on financial planning, scams and identity theft prevention, mortgages and credit. Students were also given a tour of the bank and learned about earning money, spending and saving money and security.
The lack of financial literacy contributes directly to poor credit and can place individuals at a higher risk for crimes such as identity theft.
