Sus Finanzas, a non-profit organization, and Oak Valley Community Bank have successfully maintained their New Year’s Resolution of making a positive impact in our community. Thanks to Oak Valley Community Bank’s donation of $2,500.00 to Sus Finanzas, the non-profit organization will be able to continue providing free financial literacy courses and free monetary matching programs to low-income minority families in San Joaquin County.
San Joaquin County is home to one of the most diverse populations in the United States; the majority of the population is Hispanic and many families earn low to moderate incomes. The potential for improving hundreds of minorities’ current financial hardships is enormous. But, many minorities have no voice, no visibility, and limited resources to survive. Sus Finanzas was established to address this critical need and to provide comprehensive financial guidance and accessibility to financial solutions.
To inspire and encourage good financial habits, Sus Finanzas Lead Financial Instructor Joe Diaz has been providing a series of interactive financial literacy courses at no cost to participants that visit the California Human Development Agency for job and small business start-up training. His experience and dedication has influenced participants to achieve financial stability. In addition, Sus Finanzas has had bankers from different financial institutions attend several of these courses to answer participant’s specific questions about their products and services. By doing this, the participants are able to make informed decisions after comparing the advantages and disadvantages each financial institution has to offer. Thus far, financial institutions such as Bank of the West, Wells Fargo, F&M Bank and Community Bank of San Joaquin have attended these courses. Sus Finanzas is happy to add Oak Valley Community Bank as another financial institution to provide useful information to participant’s unique financial questions.
As an added incentive, participants who complete all stages of the educational program and begin depositing funds in their newly opened savings account at a bank of their choice will receive a corresponding match up to a maximum of $250.00. In light of Oak Valley Community Bank’s donation, Sus Finanzas will be able to continue rewarding more participants who complete the Matching Program and earn their corresponding match.
By collaborating with different financial institutions and other non-profit organizations such as the Hispanic Chamber, El Concilio and COMA, the innovative financial program that Sus Finanzas offers will continue to thrive.