Enhancing Financial Inclusion: Foundation 92 and Tandem Bank Forge a Vital Alliance

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May 15, 2024

Foundation 92, spearheaded by the iconic Class of 92 from Manchester United and based in Salford, joins forces with Tandem Bank to champion economic inclusivity throughout Greater Manchester.

This groundbreaking collaboration, leveraging Tandem Bank’s expertise, aims to empower youth transitioning through educational phases and families grappling with food insecurity. Through tailored educational outreach efforts, the partnership endeavors to inspire marginalized communities to take proactive control over their financial destinies.

Closing the Financial Literacy Gap: A Collaborative Endeavor

Tandem Bank, renowned as the UK’s pioneering green online bank, initiated its innovative Financial Education program in January 2023, already impacting over 2,500 young individuals in further education settings across the North West. This strategic alignment with Foundation 92 signifies a concerted effort to bridge the gap in financial literacy.

Research underscores the pressing demand for financial education among students aged 15-18, with 83% expressing a desire for enhanced money management knowledge. Amidst escalating cost-of-living challenges, the imperative for support and education grows more acute. Tandem’s ongoing initiative endeavors to furnish complimentary financial literacy education, equipping individuals with insights into financial products, common pitfalls, and pertinent financial acumen. Through this collaborative venture, both entities aim to instill pivotal life skills and drive tangible societal impact across Greater Manchester, particularly within vulnerable communities grappling with adversity and inequality.

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