HEADLINES

Partnership Helps Students Build Money Management Skills

For college students on tight budgets, money management is a priority. That’s why Patriot Bank, N.A. has extended its partnership with Housatonic Community College (HCC) and its Foundation to help students become as smart about their money as they are about their studies, through the creation of a new financial literacy website, workshops and educational panels.

The innovative financial literacy website-Housatonic.edu/finlit- offers tools to help students gain control of their financial lives. Through articles and videos students can get educated on budgeting, paying down debt, savings, credit and investing, so they can improve their relationship with money, and align their fiscal behaviors with their financial goals. There is even a section for students to ask questions about personal finance or financial resources offered by the college itself.

“We are thrilled to partner with Patriot Bank in creating this incredible new resource that will provide students, and our community, guidance on their financial life journey,” said Mary Ann Vlahac, HCC’s Assistant Professor of Business Administration, and Chairperson of HCC’s Business Department.

In addition to the new website, a series of financial literacy workshops and educational panels will also be held. A Facebook Live event will take place on September 29th at 10 a.m. on HCC’s Facebook page (@HCCBridgeport) to officially launch the website and introduce the initiative.

“Patriot Bank’s commitment to providing financial literacy tools is about empowering individuals to make better personal and business decisions,” said Judith Corprew, Patriot Bank’s Executive Vice President and Chief Compliance Officer. “This collaborative effort with Housatonic Community College allows us to tailor our message to the student audience they serve, with the goal of helping them develop healthy money habits.”

These financial literacy offerings are just the latest initiative in Patriot Bank’s long partnership with Housatonic. Patriot Bank Scholarships are generously awarded to high-achieving, low-income HCC students who demonstrate a dedication to community service and student leadership. The scholarship grant was recently increased for the 2020-21 academic year, providing even more students with educational opportunities they had considered beyond their reach. The financial institution also offers a convenient Automatic Teller Machine on the HCC campus.

“Patriot Bank has a proven commitment to giving our economically challenged students a leg up, and is dedicated to helping them understand that financial decisions they make today can affect their lives for decades to come. This new resource will serve Housatonic students, and in turn, the broader Fairfield County community,” said Kristy Jelenik, Executive Director of Housatonic Community College Foundation.

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