Arvest Bank announced Monday it will offer a new bilingual mobile-first financial education resource to help consumers build financial health and confidence. The EmpowerED initiative will be free for customers and offer services in English and Spanish.
The service will highlight personal financial education topics such as budgeting, investing, home ownership and retirement planning. The interactive platform will provide consumers with the tools and personalized knowledge necessary to make better financial decisions.
The program is part of the Arvest Opportunity Fund, a wholly owned non-bank subsidiary of Arvest that promotes finance and education for customers who have difficulty securing loans under traditional lending standards.
"Arvest views this investment in financial education as needed support for our customers and communities," said Hillis Schild, executive director of the opportunity fund. "Providing financial education -- whether it be via our new online platform or in-person workshops -- can have real impact on people's financial situations and their lives."