Indianapolis is recognized for ‘financial fitness’

Those charged with promoting financial literacy at a national level are looking to Indianapolis to learn about the city’s approach to educating residents on personal-finance issues.

Representatives from the U.S. Treasury Department and a presidential advisory commission on encouraging fiscal prudence visited Indianapolis May 4 for a “listening tour.” Leaders of Indianapolis’ financial literacy programs briefed them on their strategies.

Those include Campaign for Financial Fitness, a group of public and private organizations that helps Indianapolis residents and their families better manage their finances, and Bank On Indy, a program to sign up lower-income residents for low-cost checking and savings accounts.

First Lady Winnie Ballard, who has been a key figure in the city’s efforts, hosted the event.