Money Smart Week 2012
American Metro Bank (AMB) was pleased to participate in Money Smart Week Chicago 2012. This year Money Smart Week Chicago took place from April 22th through April 28th. There were hundreds of free events and a Money Smart Kid Essay Contest.
On Saturday, April 28, 2012, AMB presented “Banking for Seniors ” at 4903 W Fullerton, Chicago, IL. The course was presented by Loan Officers from AMB. Attendees learned about the benefits of using a bank, IRA Options, Using ATM and debit cards wisely and tips about identity theft.
Money Smart Week began as a coordinated effort of the Money Smart Advisory Council, a diverse group of more than 40 Chicago-area organizations working together to promote personal financial literacy.
Every year, a growing number of community groups, financial institutions, government agencies, educational organizations, and financial experts work together to offer presentations and workshops designed to help consumers learn to better manage their personal finances and to inform them of the resources available to them. Today, Money Smart Week is much broader in scope than when it began five years ago and continues to expand, creating new partnerships, heightened exposure, and substantive events.
For more information visit the Money Smart website at: www.chicagofed.org/moneysmart
Immigrant Individual Taxpayer ID Numbers
American Metro Bank is pleased to announce its recent authorization as a "Certifying Acceptance Agent" by the U.S. Department of Treasury. As a Certifying Acceptance Agent, American Metro Bank can now expedite the issuance of Individual Taxpayer Identification Numbers (ITIN) to immigrants who do not have social security numbers for tax compliance purposes also allowing such customers to open interest bearing accounts. American Metro Bank is the second bank in the Chicagoland area to be given such authorization.
American Metro Bank estimates that it will be able to serve hundreds of previously un-banked immigrants after obtaining their ITIN. The Chinatown branch, which opened on April 1, 2002, as well as the main bank in Uptown, were both authorized as Certifying Acceptance Agents.
Debit Card Safety
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