Bank On offers eleven modules that cover basic financial topics. Each class is approximately 60 minutes long and can be customized to meet your groups needs. Modules can be taught as stand-alone sessions or in a series.

Each class provides an interactive hands-on experience with take-home materials, so, your participants can put into practice at home what they learned in the classroom.

With each class, participants earn a certificate of completion. When working with our Alliance bank partners, students should provide them to the bank partner so they know how serious they are about their financial future.

Be Money Smart Modules

Bank On It

By the end of this course, participants will understand available banking services and how to build a positive relationship with a financial institution.

Participants will be able to:

  • Identify the major types of insured financial institutions.
  • Identify five reasons to use a bank.
  • Describe the steps involved in opening a bank account.
  • Describe two types of deposit accounts.
  • Identify additional banking services that come with deposit accounts.

Borrowing Basics

By the end of this course, participants will understand how credit works, types of credit that are available, and if they are ready to apply for credit.

Participants will be able to:

  • Define “credit” and “loan”.
  • Distinguish between secured and unsecured loans.
  • Identify three types of loans.
  • Identify the costs associated with getting a loan.
  • Identify the factors lenders use to make loan decisions.
  • Explain why it is important to be wary of rent-to-own, payday loans, and refund anticipation services.
  • Describe how to guard against predatory lending practices.

Check It Out

By the end of this course, participants will understand how to use a checking account responsibly.

Participants will be able to:

  • State the benefits of using a checking account.
  • Determine which checking account is best for you.
  • Identify the steps involved in opening a checking account.
  • Add and withdraw money from a checking account.
  • Reconcile a check register with a bank statement.
  • Identify strategies to avoid overdrafts.
  • Explain how debit cards are linked to checking accounts.
  • Recognize how to manage a checking account wisely, with proper debit card use and overdraft programs.

Money Matters

By the end of this course, participants will understand how to manage money by preparing a personal spending plan and identifying ways to decrease spending and increase income.

Participants will be able to:

  • Track daily spending habits.
  • Prepare a personal spending plan or budget to estimate monthly income and expenses.
  • Identify ways to decrease spending.
  • Identify possible ways to increase income.
  • Identify budgeting tools that will help you manage your bills.
  • List and prioritize financial goals.
  • Recognize how to create a plan to achieve finance.

Pay Yourself First

By the end of this course, participants will understand ways to save money and savings options to save toward their goals.

Participants will be able to:

  • Explain why it’s important to save.
  • Determine goals toward which you want to save.
  • Identify savings options.
  • Determine which savings options will help you reach your savings goals.
  • Recognize investment options that will work for you.
  • List ways you could save for retirement.
  • List ways to save for large-expense goals, including child’s college tuition, car or home purchase, or a vacation

Keep it Safe

By the end of this course, participants will understand how to protect their rights as consumers and how to be financially prepared if a disaster strikes.

Participants will be able to:

  • Recognize how federal deposit insurance protects deposits.
  • Recognize how to guard against identify theft.
  • Recognize how the various types of insurance will help you manage risks.
  • Recognize the need to plan for unexpected death or disability.
  • Describe the ways you need to be financially prepared for disasters.

To Your Credit

By the end of this course, participants will understand how to read a credit report and how to build and repair their credit history.

Participants will be able to:

  • Define credit.
  • Explain why credit is important.
  • Describe the purpose of a credit report and how it is used.
  • Order a copy of their credit report.
  • Read and analyze their credit report to determine if they are ready to apply for credit.
  • Differentiate between “good” and “bad” credit.
  • Describe the implications of “good” and “bad” credit scores.
  • Identify ways to build and repair credit history.
  • Recognize how to correct errors on a credit report.

Charge it Right

By the end of this course, participants will understand how to use a credit card responsibly and what to do when a credit card is lost or stolen.

Participants will be able to:

  • Define credit.
  • Explain why credit is important.
  • Describe the purpose of credit cards.
  • Determine if the participant is ready to apply for a credit card.
  • Determine which credit card is best suited for the participant.
  • Identify the factors creditors look for when making credit decisions.
  • Describe how to use a credit card responsibly.
  • Identify the steps to take when a credit card is lost or stolen.

Loan to Own

By the end of this course, participants will understand the characteristics of consumer installment loans.

Participants will be able to:

    • Identify various types of installment loans.
    • Identify the factors lenders use to make home loan decisions.
    • Explain federal laws that protect you when applying for a loan.
    • Identify the questions to ask when purchasing a car.
    • Explain why installment loans cost less than rent-to-own services.
    • Explain why it is important be be wary of rent-to-own, payday loan, and refund anticipation services.
    • Explain how to guard against predatory lending practices.

Your Own Home

By the end of this course, participants will understand the home buying process and the difference between renting versus owning and financially protecting their home.

Pre-Hombebuyers will be able to:

  • Explain the advantages and disadvantages of renting versus owning a home.
  • Identify questions to ask to determine your readiness to buy a home.
  • Identify the steps required to buy a home.
  • Identify basic terms and required disclosures used in a mortgage transaction.
  • Describe the advantages and disadvantages of different mortgage options.
  • Describe how interest rates affect the “amount” of house you can buy.
  • Explain how taxes and insurance affect a monthly payment and the “amount” of house you can buy.

Homeowners will be able to:

  • Describe the advantages and disadvantages of borrowing against a home.
  • Explain what to do if you are having trouble making payments.
  • Describe the different types of refinancing options.
  • Explain the advantages and disadvantages of a reverse mortgage.
  • Identify predatory lending practices and loan scams.

Financial Recovery

By the end of this course, participants will learn about steps they can take to recover financially and rebuild their credit after experiencing a financial setback.

Participants will be able to:

  • Assess their current financial situation.
  • Identify ways to increase income and decrease and prioritize expenses.
  • Develop a financial recovery plan.
  • Identify steps to successfully implement a financial recovery plan.
  • Recognize how to guard against credit repair scams.
  • Identify time frames to review and adjust their financial recovery plan.