OCC: Recognizing National Financial Capability Month

WASHINGTON — The Office of the Comptroller of the Currency (OCC) recognized National Financial Capability Month by participating in the annual Financial Literacy Day on Capitol Hill event today. OCC staff distributed financial capability materials at the event, including the agency’s Financial Literacy Update and OCC’s Consumer Advisories. Staff also highlighted the […]

FDIC: Phase II of Youth Savings Pilot Program Announced

The Federal Deposit Insurance Corporation (FDIC) is seeking applications from institutions for its Youth Savings Pilot, a program designed to foster financial education through the opening of safe, low-cost savings accounts by school-age children. Nine financial institutions are currently partnering with schools across the country as part of the initial […]

CDFI Fund: Change of CDFI Certification Requirements for CDFI Bond Guarantee Program Participants Announced

Today, the Community Development Financial Institutions Fund (CDFI Fund) published in the Federal Register a revision of the regulations that govern Community Development Financial Institution (CDFI) certification as it relates to the CDFI Bond Guarantee Program. The CDFI Fund is seeking comments on the revision, which creates a means for […]

CFPB: Nationwide Effort to Advance Financial Education in Schools Launched

CFPB Publishes Resource Guide for Policymakers WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau announced that it is launching a nationwide effort to advance financial education in schools. The Bureau is publishing “Advancing K-12 Financial Education: A Guide for Policymakers,” a resource guide which contains strategies for furthering the development […]