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 the OCC’s Consumer Advisories. Staff also highlighted the OCC’s HelpWithMyBank.gov Web site, which provides answers to 300 common banking questions covering such topics as credit cards, bank accounts, mortgages, consumer loans, insurance, identity theft, and safe deposit boxes. The site also includes links and references to financial information and an online consumer complaint form.
“National Financial Capability Month gives financial institutions an opportunity to reach out to their communities to promote financial literacy and capability,” said Comptroller of the Currency Thomas J. Curry. “Whether it’s through income tax assistance sites and tax time savings programs, or youth and age-friendly banking programs, national banks and federal savings associations are important partners in increasing the financial knowledge and skills of their customers. The OCC applauds national banks and federal savings associations for their activities educating consumers about financial literacy.”
The OCC is a member of the federal Financial Literacy and Education Commission, which manages MyMoney.gov, the federal government’s Web site dedicated to financial literacy. The site provides a variety of resources from the OCC and the other 20 federal agency members of the Commission. These resources help people make informed decisions about buying homes, balancing checkbooks, investing, and other financial matters.