Affinity Bank
FOR IMMEDIATE RELEASE
September 28, 2004

Affinity Bank Launches Financial Literacy Program

Ventura CA- In recognition of the importance in providing financial education to the public, Affinity Bank will launch a new training program designed for people with limited or no banking experience. The training program, Money Smart, is the brainchild of the Federal Deposit Insurance Corporation (FDIC) and was created with the sole purpose of introducing financial skills to adults with the hopes of establishing financial stability.

Michael R. McGuire, Affinity Bank president and chief executive officer said, “The Money Smart program is an excellent way to teach people about the significance of understanding credit and banking services and how it affects our daily lives. We are very excited to be actively participating in helping people realize their financial goals. I am extremely proud of the Affinity Bank employees who have volunteered their time to co-teach these classes with the Cabrillo Economic Development Corporation. It’s a great program.”

The Money Smart curriculum includes topics such as savings and checking accounts, credit cards, credit scores, loans and home ownership. Money Smart is a weekly program which begins on October 5, 2004 and ends on December 2, 2004. Cabrillo Economic Development Corporation will co-teach the classes with Affinity Bank employees at the Salvation Army Transition House (SATH) in Ventura, the Rain Project County of Ventura (RAIN) in Camarillo and Casa Merced in Oxnard (a Mercy Housing multi-family affordable housing development). Project Understanding will be sending clients to the program at Casa Merced.

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