Federal Reserve: Accepting Applications for its Community Advisory Council
The Federal Reserve Board announced on Tuesday that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC). Formed in 2015, the CAC advises the Board on issues affecting consumers and communities. The CAC is made up of a diverse group of experts and representatives of…
FDIC: Highlighting Free Financial Tools During National Financial Capability Month
In recognition of National Financial Capability Month, the FDIC is highlighting the financial education tools it has developed to help people of all ages build their financial knowledge and skills to achieve brighter financial futures. These tools include lesson plans for educators to teach children in all grade levels about banking and financial issues, material…
ABA: Foundation Celebrates April as Financial Literacy Month
WASHINGTON — Eighty-eight percent of adults overwhelmingly agree that personal finance skills should be taught in schools, according to a new survey from Morning Consult. Despite such strong support, as of 2016, only 17 states require high school students to take a course in personal finance. In an effort to fill that gap, the ABA…
ABA: 6 Tips for Spring Cleaning Your Finances
WASHINGTON — As spring cleaning season begins, the American Bankers Association is encouraging consumers to put a priority on organizing their finances. ABA has highlighted six tips for getting your financial house in order. “With the tax season ending, spring is a great time to take a close look at your budget and bank account,”…
FDIC: Tool to Prevent Elder Financial Exploitation Enhanced
The Federal Deposit Insurance Corporation (FDIC) today announced enhancements to its Money Smart for Older Adults curriculum that provide new information and resources to help older adults and their caregivers avoid financial exploitation through fraud and scams. Money Smart for Older Adults identifies common types of elder financial exploitation, such as imposter scams and identity theft, and is…
CFPB: Check Out New List to See if Your Credit Card Offers you Free Access to One of Your Credit Scores
Take a first step toward learning more about your credit history by checking your credit scores and credit reports. Today we released a list of several companies that told us they offer existing credit card customers free access to one of their credit scores. Until recently, consumers couldn’t easily access their credit scores and often had to…
OCC: Supporting America Saves Week
WASHINGTON — Comptroller of the Currency Thomas J. Curry today released the following statement in recognition of America Saves Week, February 27 – March 4, 2017: The Office of the Comptroller of the Currency supports America Saves Week to highlight the importance of building regular savings to meet future needs, achieve a level of financial…
FDIC: Joins the Money Smart Alliance Program Made Easier
Printable Format: FIL-8-2017 – PDF (PDF Help) Summary: The FDIC’s Money Smart Alliance program is a network of financial institutions, nonprofits, and governmental organizations that use the FDIC’s financial education curriculum to provide training to consumers, small businesses, and others. Qualified organizations can join the alliance or renew their membership on the program’s recently enhanced website that also…
OCC: Supporting Earned Income Tax Credit Awareness Day
WASHINGTON — Comptroller of the Currency Thomas J. Curry issued the following statement recognizing Earned Income Tax Credit (EITC) Awareness Day. The Office of the Comptroller of the Currency (OCC) is pleased to support Earned Income Tax Credit Awareness Day, a nationwide effort to educate the public about a valuable tax benefit for working families…
ABA: Registration Open for ABA Foundation’s 2017 Financial Education Initiatives
ABA Foundation calls for banker volunteers to increase financial capability in local communities WASHINGTON — The American Bankers Association Foundation is calling for banker volunteers to register for Teach Children to Save and other 2017 financial education initiatives. Celebrating its 20th anniversary, the Teach Children to Save program is a national campaign that encourages banker volunteers to visit schools…