Former Rural Development Under Secretary Thomas Dorr (right) and Federal Deposit Insurance Corporation (FDIC) Chairman Donald Powell (left) signed an agreement to establish a working relationship between Rural Development and FDIC. Under the agreement, FDIC will help train USDA employees to deliver a course called "Money Smart" to housing applicants. Money Smart is designed to help adults outside the financial mainstream enhance their money-handling skills, create positive banking relationships and ultimately achieve homeownership.
Chairman Powell (right) and former Under Secretary Dorr (left) as they sign the agreement to establish the Money Smart program.