At Chemical Bank, we are committed to helping children, teens, adults and senior citizens establish and develop good money management habits that allow them to make informed financial decisions, empowering them to take control of their financial future.
With over 70 programs and countless bank volunteers, we reach out to a large number of consumers with information on how to save and spend, safer and smarter. From visiting local elementary schools to offering a first time homebuyers program and providing basic financial workshops, Chemical Bank is helping our communities grow their financial knowledge.
Workshops offered include:
One of the first steps to financial security is planning and following a budget. This workshop illustrates the importance of budgeting, how to track spending, explains the various aspects of a budget and how to make adjustments if your expenses exceed your income. It also explains different budgeting systems, provides tips for budgeting, offers ways to decrease spending and includes information on some tax credits that may help increase your income.
This workshop allows participants to understand the benefits of a checking account, what to expect when opening an account and how to responsibly use a checking account. It demonstrates how to complete a deposit ticket, write a check, maintain a check register, read a bank statement and balance the bank statement against a check register.
Using credit responsibly is a critical part of managing personal finances. This workshop explains what credit is, the characteristics used to determine a person�s creditworthiness, the cost of credit, how to establish credit, the types of credit, tips for managing credit, and reviews a sample credit report as well as how a credit report affects your credit score.
Buying a home is a big step because owning a home is a long-term commitment. This workshop explains what is involved in buying a home by learning the process and identifying the steps necessary to achieve home ownership. It will help you determine if you are ready to buy a house, how much of a mortgage you can afford and explain all of your mortgage financing options so you can select a loan program that fits your budget, lifestyle and goals.
This presentation defines identity theft and fraud and explains the difference between the two. It focuses on signs of identity theft, how to respond if a victim of identity theft, various types of fraud schemes, how to avoid becoming a victim of fraud and customer privacy.
What do you need to know and have ready if you are forced to leave your home quickly during a disaster or emergency? What information would your family need to have access to in case of your death or incapacitation? A systematic plan for keeping track of important papers can save hours of anxious searching and can help make it easier to cope in case of emergency. This workshop describes how a Financial Notebook will help you manage your financial affairs, what should be included in a notebook, where to store important documents and ways to control paper clutter.
Saving money is an important part of building your financial future. Use this workshop to understand the importance of saving money, how to set goals, identify ways to save money, learn account options available and helpful tips to help save toward your financial goals.
Chemical Bank firmly believes in helping children establish a financial foundation for their future success. By learning financial skills early in life, children develop good money management habits that will benefit them as they grow.
Chemical Bank promotes financial education and literacy among children by:
Last year, Chemical Bank’s Teach Children to Save program involved 75 area schools and reached out to over 4,500 students. The program shares with students how saving a little now can grow to be a lot over time with a book titled Dollar, the Silver Squirrel. As part of their initiative, Chemical Bank was proud to participate alongside approximately 90 other banks across the United States in the MBA’s Race to Save Challenge and opened over 61,000 new children's savings accounts in 2011.
Dollar is a silver squirrel dedicated to providing financial education to children and adults across the state. He likes traveling across Michigan and making special appearances at parades, festivals, and community events.
Dollar joined Chemical Bank in 2008 and shares Chemical Bank’s commitment to educating the public on various matters that relate to the banking industry. He encourages children to save their money by filling their piggy banks and then depositing it into their savings account. Dollar provides a quarterly newsletter with fun facts and games for children that provides basic banking information.