- Division of Banks
- Office of Consumer Affairs and Business Regulation
Media Contact
Andrew Napolitano, Communications Director, Office of State Treasurer and Receiver General
The State Treasurer’s Office of Economic Empowerment (OEE), the Office of Consumer Affairs and Business Regulation and its Division of Banks (DOB) announced the 2025 Operation Money Wise grant recipients. This grant funding promotes financial education programming for nonprofit organizations, public agencies, and higher education institutions that serve the military community in Massachusetts.
This year, six organizations received $5,000 each to create new or improve pre-existing financial programs. Funding is possible through DOB settlements over alleged unlawful lending practices.
The 2025 grant recipients are:
| Grantee | City/Town |
|---|---|
| Aging Services of North Central Massachusetts | Leominster |
| Bridgewater State University | Bridgewater |
| Falmouth Community Veterans Center | Falmouth |
| North Shore Community College | Danvers |
| Springfield Partners For Community Action | Springfield |
| Veterans Legal Services | Boston |
“The Operation Money Wise grants provide programming that helps our servicemembers and veterans access the financial knowledge they need to succeed,” said State Treasurer Deborah B. Goldberg. “By supporting organizations that deliver this type of targeted education, we are working toward creating increased economic stability for our military communities.”
“As a gesture of appreciation and gratitude for service and sacrifice, the Division of Banks is honored to be able to support financial education opportunities tailored especially for the military community,” said Massachusetts Commissioner of Banks Mary L. Gallagher “We are proud to help members of the military through these programs.”
“It is important to help servicemembers and veterans successfully transition to civilian life,” said Undersecretary of Consumer Affairs and Business Regulation Layla R. D’Emilia. “These grants provide opportunities for military community members to learn critical skills like budgeting, managing debt, and preparing for retirement.”
Since 2016, Operation Money Wise has provided more than $270,000 in funding for financial education programs offered by veteran-serving nonprofit organizations, public agencies, and higher education institutions. This grant opportunity allows organizations to use their knowledge and expertise to design or enhance a program that would best serve their community. Many of these workshops will include strategy sessions on basic budgeting, managing debt, preparing for retirement, and decisions around money.
Media Contact
Division of Banks
