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October 03 2007

HOPE In Maywood

Youth Financial Literacy Through Operation HOPE’s “BOOF-In-A-Day” Program

Maywood, CA---October 3, 2007---Operation HOPE, an international LA based organization dedicated to bringing financial literacy and empowerment programs to low-wealth communities, delivered its award-winning tutorial course to 700 students today at Nimitz Middle School . The condensed one-day curriculum is designed to stimulate disenfranchised youth. Thirty suited-up Cal National Bank employees ventured into Maywood to deliver a message of hope, dignity and financial empowerment to a predominantly Latino community simply looking for a hand up. Joining the group was accomplished actor/director and father of five, Robert Davi, known to the younger set for his work in film favorite “Goonies.”

Cal National CEO, Greg Mitchell noted that “Banking on Our Future” provides students with many of the financial tools they will need to prosper as they enter and thrive in the American economy.  Financial literacy often leads to a life filled with freedom of choice and promise verses financial struggle and exploitation.  The children of Maywood and Los Angeles deserve the best and Cal National is proud to partner with Operation HOPE in changing these young lives for the better.”

While simultaneously launching the official grand opening of our Harlem New York HOPE Center , Operation HOPE will also be furthering its commitment to educate students in the Los Angeles area signature youth financial literacy program Banking on Our Future “Done-In-A-Day” program.

Davi said, "You are lucky to have Operation HOPE bring this program to you. I wish I had a course in financial literacy when I was your age!"

Educating 700 kids in one day about the basics of banking, checking and savings, the power of credit, and investments might sound like an ambitious undertaking. But with volunteers from financial partners like Cal National Bank, it’s just another opportunity to do good.

Whether we’re in South Central or reaching children on a global scale, Banking On Our Future Vice President Emily Ausbrook isn’t shy when it comes to discussing the program. “In 2006 alone, over 40,000 students between the ages of 9 and18 have benefited from our efforts. It’s so incredibly rewarding,” Ausbrook says. “I love what I do.”