Wilshire Bank offers community outreach programs through many reputable nonprofit organizations in the communities.
Through communications between the Bank and the community leaders, Wilshire Bank encourages branch involvement in its local community as well as individual employee's participation in the nonprofit organizations and their events.
Every year, Wilshire Bank employees volunteer hundreds of hours to redevelop and revitalize our communities through Junior Achievement (JA), Koreatown Youth Community Center (KYCC), Operation HOPE, Los Angeles Boy Scouts, and Asian Pacific Islander Small Business Program (API SBP) to provide education in financial literacy and to assist low income families and small business owners.
- Junior Achievement (JA)JA Worldwide is the world's largest organization dedicated to educating students about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs.
Junior Achievement programs help prepares young people for the real world by showing them how to generate wealth and effectively manage it, how to create jobs which make their communities more robust, and how to apply entrepreneurial thinking to the workplace. Students put these lessons into action and learn the value of contributing to their communities.
JA's unique approach allows volunteers from the community to deliver specific curriculum while sharing their experiences with students. Embodying the heart of JA, the classroom volunteers transform the key concepts of financial literacy into a message that inspires and empowers students to believe in themselves, showing them they can make a difference in the world.
- Koreatown Youth Community Center (KYCC)Koreatown Youth & Community Center is a non-profit, community-based organization that has been serving the Korean American Community since 1975.
KYCC's programs and services are specifically directed towards recently-immigrated and economically-disadvantaged youth and their families who experience coping and adjustment difficulties due to economic, language, and cultural barriers. Since its inception, KYCC has striven to improve the quality of its programs, as well as to diversify its services to appropriately meet the evolving needs of the Korean American population and of the multi-ethnic Koreatown community.
Among their many other programs, KYCC offers Volunteer Income Tax Assistance Program (VITA Program) each year. VITA Program is adopted by KYCC in efforts to help the low-moderate income families in Koreatown.
- Operation HOPEOperation HOPE, Inc. (HOPE) is a non-profit, public benefit organization, founded immediately following the civil unrest of April 29, 1992 in Los Angeles. HOPE is America's leading provider of economic tools and services. HOPE is an effective facilitator, lender, advocate and educator for and on behalf of the other America.
Through a series of public/private partnerships and strategic alliances, HOPE has developed and implemented programs like "Banking on Our Future" and "Small Business Empowerment Program" to connect the minority community with mainstream, private sector resources, and empowering under-served communities.
- Los Angeles Boy Scouts
The purpose of the Boy Scouts of America, incorporated on February 8, 1910 and chartered by Congress in 1916, is to provide an educational program for boys and young adults to build character, to learn the responsibilities of participating in citizenship, and to develop personal fitness.
The Scouting program including "Learning for Life" facilitates meaningful contact and communication between youth, parents, and other community organizations (partners) to help young people adopt strong values and life skills. The program presents activities that are fun, interesting, and provide valuable experiences directed at the maturity and interests of the young people at their appropriate age and ability levels.
Learning for Life Program is designed to support schools and other youth-serving organizations in their efforts toward preparing youth to successfully handle the complexities of today's society and to enhance their self-confidence, motivation, and self-worth. Learning for Life has several components including financial literacy.
Asian Pacific Islander Small Business Program (API SBP)API SBP is a collaborative of five community organizations, The Chinatown Service Center, Koreatown Youth & Community Center, Little Tokyo Service Center CDC, Search to Involve Pilipino Americans, and Thai Community Development Center carrying the mission of assisting the development of small and micro businesses in Los Angeles with a particular focus on the Chinese, Korean, Japanese Thai and Filipino business communities, especially those of low income immigrants.
Every year, API SBP hosts Asian Small Business Expo as an effort to engage the Asian business communities together and bring their growing economic force into the mainstream to connect and utilize businesses and its services.
- Federal Deposit Insurance Corporation (FDIC) Alliance for Economic Inclusion (AEI)The Alliance for Economic Inclusion (AEI) is the FDIC's national initiative to establish broad-based coalitions of financial institutions, community-based organizations and other partners in several markets across the country to bring all unbanked and underserved populations into the financial mainstream.
The focus is on expanding basic retail financial services for underserved populations, including savings accounts, affordable remittance products, small-dollar loan programs, targeted financial education programs, alternative delivery channels and other asset-building programs including the following publications developed by the small business working group.
Los Angeles GLOBES "Go Green To Get Green"
Los Angeles GLOBES "Basic Guide to Exporting"