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…
ABA: Virginia Teen Named Grand Prize Winner for National “Lights, Camera, Save!” Video Contest
Grant Parsons, an 18-year-old student at West Potomac High School in Alexandria, Va., is the national winner of the American Bankers Association Foundation’s Lights, Camera, Save! teen video contest for his entry, “Don’t Burn That Bread.” The ABA Foundation announced the national contest winners today via a video posted to ABA’s Instagram page. Lights, Camera, Save! is a…
ABA: Foundation Launches 2024 Financial Education Campaigns and Continues Initiative to Reach 5 Million Americans
The American Bankers Association Foundation today launched its 2024 financial education campaigns, encouraging banks across the country and their more than two million employees to participate in these important industry efforts to help consumers improve their financial well-being. Today’s launch continues the ABA Foundation’s three-year, industry-wide commitment to reaching five million Americans with financial education…
HUD: $40.25 Million Available for Housing Counseling Agencies
Grants will expand housing counseling services and provide comprehensive financial literacy, homeownership, and affordable housing support to underserved communities. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced today that $40.25 million in grant funding is available to support housing counseling services for homebuyers, homeowners, and renters. “Housing counselors across…
FDIC: Public Campaign Launched to Raise Awareness About Deposit Insurance
To increase the public’s awareness of deposit insurance and how it can protect people’s money in the event of a bank’s failure, the Federal Deposit Insurance Corporation (FDIC) today launched a national campaign, “Know Your Risk. Protect Your Money.” The consumer-focused campaign aims to reach those who may have lower confidence in the U.S. banking…
ABA: Banks Accepting Entries for the ABA Foundation’s Annual Lights, Camera, Save! Teen Video Contest
Banks across the nation are now accepting entries for the American Bankers Association Foundation’s 13th annual Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. This free competition is one of ABA Foundation’s most popular financial education initiatives. Teen contestants…
ABA: Foundation Encourages Banks to Host 13th Annual Lights, Camera, Save! Teen Video Contest
Popular National Competition Promotes Financial Education The American Bankers Association Foundation is urging banks across the country to participate in its upcoming Lights, Camera, Save! video competition that runs from Oct. 1 to Dec. 1. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. The…