I recently attended a webinar on the partnership between the Institute of Museum and Library Services and the Consumer Financial Protection Bureau. They’re working to provide tools and materials to help libraries provide free, unbiased financial information and referrals, build local partnerships, and promote libraries as community resources.
The ultimate goal is for libraries to educate and empower consumers to make better-informed financial decisions. The partnership between IMLS and the CFPB is still young–they’ve just completed their information gathering stage, but it highlights an exciting and promising service for libraries to develop.
You can check out how North Dakotans compare to the rest of the US in terms of fiscal responsibility here. The webinar highlighted the importance of partnering with local colleges, financial institutions, and CPA’s to develop programs and events. If you’re interested in reviewing the data from the full study, it’s available here.