Michael J. Zamorski Presents Money Smart at the 24th World Scout Jamboree

The Association of FDIC Alumni, Inc., was privileged to participate in the 24th World Scout Jamboree, which was held at the Summit Bechtel Reserve in West Virginia during July 21 – August 2, 2019.  The Jamboree, which is held every four years, was attended by more than 45,000 Scouts and Scouting leaders from over 150 countries.  This is only the second time the Jamboree has been held in the U.S. – the 12th World Jamboree was held in the mountains of Idaho in 1967.    

During the Jamboree, there was an opportunity for Scouts and public visitors to attend interactive exhibits at the Global Development Village to raise awareness of various global issues.  Financial Education and Entrepreneurship was one of the Village’s theme groupings.  The AFDICA’s representative, Michael J. Zamorski, retired Director of the Division of Supervision and Consumer Protection (2000-2006), presented information that covered key elements of the FDIC’s Money Smart program, which is designed to promote financial literacy.  Setting financial goals, saving and investing, budgeting, using credit responsibly and identity theft were among the topics covered in individual and group discussions.

The topics presented to attendees closely related those covered in the Scouts’ Personal Management merit badge, which is required to attain the Scouts’ highest rank of Eagle Scout. Mr. Zamorski was in the Scouts and attained the rank of Eagle Scout.