JP MORGAN CHASE-First Responders Children's Foundation and JPMorganChase Announce Free Financial Wellness Education Program for First Responder Families

Core Insights - First Responders Children's Foundation (FRCF) and JPMorgan Chase have launched a financial health education program aimed at supporting the financial stability of first responder families across the U.S. [1][2] - The program includes virtual financial education workshops at no cost, addressing the unique financial challenges faced by first responder families [1][3][5] - A significant portion of first responders, over 65%, earn below the U.S. average annual wage of $48,060, with more than 70% of firefighters being volunteers, highlighting the financial strain on these families [2][3] Financial Education Program - The initiative will provide workshops covering essential topics such as saving, budgeting, credit management, and emergency savings [3][4] - First responder families will have access to nearly 5,000 Chase bank branches to discuss their specific financial needs [4][5] - The program aims to empower families with financial knowledge to ensure long-term stability and security [2][6] Organizational Background - FRCF focuses on supporting first responders and their families through scholarships, financial assistance, mental health programs, and community engagement [6] - JPMorgan Chase is a leading financial services firm with$ 4.0 trillion in assets and $345 billion in stockholders' equity as of December 31, 2024 [6][7]