Central Singapore Community Development Council (CDC) and UOB have announced a pioneering partnership to enhance the financial wellbeing of residents through a district-wide initiative. Launched on 27 September, the collaboration combines the CDC’s community networks with UOB’s financial expertise to make financial literacy accessible and practical for everyday life.
The initiative introduces a unique approach to financial health, focusing on three main components: the UOB Financial Health Check, ongoing financial literacy content, and life-stage-based Financial Fitness Workshops starting in January 2026. The programme was unveiled at the Financial Fitness Festival at United Square shopping centre, where residents engaged in interactive zones covering savings, insurance, investing, and legacy planning.
Denise Phua, Mayor of Central Singapore District, emphasised the importance of financial wellness, stating, “Just as we invest in our physical health, we must proactively build our financial wellness.” Janet Young, UOB’s Group Head of Channels and Digitalisation, added, “This initiative is not just about managing money; it’s about empowering individuals with the knowledge and habits to secure their financial future.”
Residents can now access the UOB Financial Health Check online, which provides a personalised report based on savings, insurance, investing, and legacy planning. From January 2026, workshops tailored to different life stages will be offered at no cost, aiming to reach over 1,000 residents in 2026.
To support ongoing education, UOB will provide regular financial literacy articles through CS CDC’s outreach channels, offering practical tips on managing finances effectively. This partnership aims to instil financially healthy habits that benefit individuals and families long-term.