Financial Update (Second Quarter 2005)


 to Mexico
 Move Faster

 Fed Exits
 Noncash Business

 Atlanta Fed
 President Discusses  Business Ethics

 Fed Unveils
 Real-Time ACH

 Fed Revamps
 Financial Ed
 Web Site

 Atlanta Fed
 Publishes 2004
 Annual Report

 New Nickels
 “Westward Journey”

 What Makes
 Community Banks

 Atlanta Fed
 Hosts Credit

 New Members
 Join Bank's SBAL
 Advisory Council

 HMDA Data
 Will Include
 More Information


 Data Bank

 Circular Letters



Fed Economic and Financial Ed Web Site Gets Makeover


In April, the Fed announced a major redesign of its economic education Web site as a way to increase use of Federal Reserve educational materials and promote economic and financial education in the classroom. The redesigned site furthers the Fed’s commitment to economic and personal financial education.

Making availability easier
With a color-coded menu bar and bold graphics, the design makes access to free educational materials easier. New features include a teacher resource search engine and new multilevel educational games for a range of ages and expertise.

Federal Reserve Education Web site

A Greenspan endorsement
According to Federal Reserve Board Chairman Alan Greenspan, “The Federal Reserve has a long history of promoting economic education and financial literacy. In that tradition, this new online tool offers students easier access to a wealth of information in the areas of economics, banking, and financial services.”

The site is divided into four key sections:

Federal Reserve Education offers instructional materials and tools for teachers and students to improve their understanding of the Federal Reserve, economics, and personal finance.

Fed 101 provides an interactive overview of the history and organization of the Federal Reserve System as well as monetary policy, federal regulations, and services provided to depository institutions.

Personal Financial Education helps people make informed decisions about their money.

Teacher Resources, a new search tool, allows teachers to locate Federal Reserve System education materials that meet national education standards for incorporation into their lesson plans.