Financial Education

ABA: Foundation Announces 2025 Community Commitment Award Winners

The American Bankers Association Foundation today announced the recipients of its 2025 ABA Foundation Community Commitment Awards. The prestigious annual awards recognize banks for extraordinary service to their local communities in seven specific categories ranging from affordable housing to serving military families. The winners will be recognized at ABA’s Annual Convention in Charlotte, N.C. on Oct. 21.  The…

ABA: ABA Foundation and FICO Announce New Partnership Ahead of 2025 Get Smart About Credit Day

The American Bankers Association Foundation, in partnership with analytics software leader FICO and bankers across the country, will celebrate the 2025 Get Smart About Credit Day next week on Thursday, Oct. 16. Get Smart About Credit, now in its 23rd year, is a year-round campaign that kicks off annually on the third Thursday of October….

ABA: America’s Banks and ABA Relaunch #BanksNeverAskThat and #PracticeSafeChecks Campaigns to Help Consumers Spot Scams

The American Bankers Association today announced the 2025 relaunch of its award-winning consumer protection campaigns, #BanksNeverAskThat and #PracticeSafeChecks, aimed at helping consumers and small businesses recognize and avoid fraud and scams.  Banks of all sizes across the nation will join ABA in promoting and amplifying the consumer protection tips included in the two campaigns. To date, more than…

ABA: Foundation and FBI Release New Infographic to Help Americans Spot and Avoid Deepfake Scams

As artificial intelligence (AI) continues to evolve, so do the tactics of scammers who exploit this technology to deceive and defraud consumers. Today, the American Bankers Association Foundation and the Federal Bureau of Investigation released a new infographic aimed at educating the public about the growing threat of deepfake scams. The infographic highlights how AI-generated or manipulated…

ABA: Foundation Encourages Banks to Host “Lights, Camera, Save!” Teen Video Contest

Teens compete for awards worth as much as $10,000 in this national competition sponsored by Visa The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 15th annual Lights, Camera, Save! video competition that runs from Oct.1 to Nov. 30. Lights, Camera, Save! is a national contest that encourages teens to…

OCC: Acting Comptroller of the Currency Discusses Financial Literacy Education

Acting Comptroller of the Currency Rodney E. Hood today discussed the importance of financial literacy education in remarks at the Financial Literacy and Education Commission. In his remarks, Acting Comptroller Hood discussed the role financial literacy education plays in driving financial inclusion and participation in the financial system. He encouraged careful monitoring of the rapidly…

ABA: Submissions Open for 13th Annual Community Commitment Awards

The American Bankers Association Foundation is now accepting submissions for its 13th annual Community Commitment Awards, ABA’s highest honors for extraordinary community engagement. Banks of all sizes are encouraged to enter their most successful community initiatives for the awards, which recognize innovative, high-impact bank programs that improve the quality of life for the communities they serve….

ABA: Treasury Secretary Bessent Partners with ABA Foundation to Promote “Teach Children to Save Day”

Secretary Bessent records video message for students, teachers and banker volunteers participating in the ABA Foundation’s 28th annual Teach Children to Save Day Demonstrating his strong commitment to promoting financial literacy, Treasury Secretary Scott Bessent is partnering with the ABA Foundation in support of its annual Teach Children to Save program. As part of Teach Children…

ABA: New Survey Finds Americans Overwhelmingly Support Financial Education in Schools

A new survey conducted by Morning Consult on behalf of the American Bankers Association Foundation found U.S. adults strongly support youth financial education being taught in schools. According to the data released today, nearly nine-in-10 consumers (87%) agree that financial concepts should be taught in high school and 72% believe they would be better off…

OCC: Agency Promotes National Financial Literacy Month

The Office of the Comptroller of the Currency (OCC) recognizes April as National Financial Literacy Month and encourages national banks and federal savings associations (collectively, banks) to support efforts to improve the financial literacy and financial health of their customers. Banks can promote financial literacy by supporting high-quality financial literacy education and resources and by…