Financial Literacy

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…

Treasury: Meeting Held to Launch National Financial Literacy Month Collaboration

Today, U.S. Treasury Secretary Scott Bessent met with John Hope Bryant, Founder, Chairman, and CEO of Operation HOPE, to mark the start of National Financial Literacy Month and advance their shared commitment to financial empowerment for all Americans. The meeting centered on the Financial Literacy for All (FL4A) initiative—a national effort led by Bryant to…

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…

ABA: Foundation Launches 2025 Financial Education Campaigns Amid 100th Anniversary Celebration

The American Bankers Association Foundation today launched its 2025 financial education campaigns, encouraging banks across the country and their more than two million employees to participate in these substantial industry efforts. Today’s launch comes as the ABA Foundation celebrates a pivotal milestone this year – its 100th anniversary helping bankers provide financial education to improve…

ABA: Foundation and U.S. Postal Inspection Service Release New Infographics for Consumers and Businesses on Money Mules, Check Fraud

Identification and prevention tips part of ongoing awareness campaign to help individuals and small businesses avoid scams perpetrated through the U.S. mail The American Bankers Association Foundation and the United States Postal Inspection Service today released two new infographics on money mule scams and check fraud as part of their shared ongoing initiatives to protect…

ABA: Bank Employees Across U.S. Celebrate 21st Annual Get Smart About Credit Day

Bank employees across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit campaign today and throughout the year by educating teens and young adults about a range of personal finance topics. Get Smart About Credit Day, celebrated annually on the third Thursday of October, is one of three ABA Foundation youth financial education…

OCC: Acting Comptroller Discusses Improving Consumer Financial Health

Acting Comptroller of the Currency Michael J. Hsu today discussed improving customer financial health during a presentation at the Emerge Financial Health conference in Chicago. Mr. Hsu’s written remarks in support of his presentation discussed the Office of the Comptroller of the Currency’s work to describe financial health and develop measures of financial health that…

HUD: Nearly $40 Million Awarded to Expand Housing Counseling for Underserved Communities

Vice President Harris and Acting Secretary Todman announced this funding, which will help to bridge the racial homeownership gap and foster the next generation of homeowners. Today, Vice President Kamala Harris and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding nearly $40 million to expand comprehensive housing counseling services for homebuyers,…

ABA: Bank Volunteers Celebrate National Financial Literacy Month with New Teach Children to Save Lessons

April 25th marks ABA Foundation’s 27th annual Teach Children to Save Day On April 25th, bank employees will deliver financial literacy lessons to K-8 students across the nation as part of the ABA Foundation’s 2024 Teach Children to Save Day. The annual Teach Children to Save campaign is a centerpiece of the banking industry’s longstanding commitment…

OCC: National Financial Capability Month Celebrated in April

The Office of the Comptroller of the Currency (OCC) supports National Financial Capability Month in April, and encourages national banks and federal savings associations (collectively, banks) to support this annual commemoration by recommitting their focus on improving the financial capability and financial health of their customers. Banks can promote financial capability through high-quality financial literacy…