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Norwich - Dime Bank is expanding its program of student financial education to include dozens of teenagers in state foster care through the new Our Piece of the Pie program in Norwich.
Dime Bank is offering eight weeks of financial education classes including banking basics, living on their own, credit awareness, investing and getting a loan.
Graduating students will be awarded a Dime Academy diploma at a ceremony in early November. Ten students are about halfway through the first round of classes, said Erica Gee, training officer at Dime Bank. A new session of classes will begin shortly after the ceremony, she said.
Our Piece of the Pie offers career education, counseling and art programs to about 35 teenagers in state foster care in eastern Connecticut.
"Financial literacy is a key element in our efforts to empower youth to become self-sufficient, as it gives youth the knowledge and skills to manage financial resources effectively for a lifetime of financial well-being," said Jinelle Hooker, supervisor of the Norwich Our Piece of the Pie program.
Gee said she has been visiting public schools in Norwich, Montville and Colchester. She hopes to offer financial education classes to teenagers and parents together at the bank's Route 82 headquarters in Norwich.