ABA: Foundation Announces Partnership with AMBA to Improve Financial Health of America’s Veterans
The ABA Foundation today announced the signing of a formal agreement with the Association of Military Banks of America (AMBA) to support the Veterans Benefits Banking Program (VBBP) and its goal of ensuring that America’s veterans have safe and easy access to their monetary benefits. The ABA Foundation will serve as AMBA’s 501(c)(3) non-profit fiscal sponsor for…
HUD: $14.4 Million in Housing Counseling Grants Awarded
Awards will support efforts to expand housing services and counseling into underserved communities The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling (OHC) is announcing today that it has awarded more than $14.4 million in housing counseling grant funding to 180 housing counseling organizations. The awards will support the comprehensive housing counseling services…
ABA: Foundation Joins FBI to Issue Guide for Banks to Prevent Elder Financial Exploitation
Guide offers tips and other information to help front-line bank staff detect and prevent elder financial exploitation In recognition of World Elder Abuse Awareness Day, the American Bankers Association Foundation and the Federal Bureau of Investigation today released a new guide with critically important tips and information to help bank employees detect and prevent elder financial…
ABA: Foundation Recognizes Older Americans Month and Offers New Resources on Financial Caregiving
In recognition of Older Americans Month, the ABA Foundation today released three new videos on financial caregiving as a part of its Safe Banking for Seniors program. The free national program, which aims to protect older Americans from financial exploitation, provides bankers with turnkey tools and resources to help them connect with their communities on this complex…
ABA: Foundation Accepting Submissions for Community Commitment Awards
The American Bankers Association Foundation is accepting submissions for its 11th annual Community Commitment Awards and encouraging banks of all sizes to enter their successful community initiatives. The awards, ABA’s highest honors for extraordinary community engagement, recognize innovative, high-impact bank programs that improve the quality of life for the communities they serve. The entry period for submitting…
ABA: Bank Volunteers Celebrate National Financial Literacy Month with Teach Children to Save Lessons
April 27 marks ABA Foundation’s 26th annual Teach Children to Save Day On April 27th, bank employees will deliver financial literacy lessons to K-8 students across the nation as part of the ABA Foundation’s 2023 Teach Children to Save Day. The annual Teach Children to Save campaign is a centerpiece of the banking industry’s longstanding commitment…
OCC: Agency Promotes National Financial Capability Month
The Office of the Comptroller of the Currency (OCC) encourages national banks and federal savings associations (collectively, banks) to support the financial capability and financial health of their customers, particularly during National Financial Capability Month in April. Banks promote financial capability by supporting programs that expand financial literacy through high-quality financial education and promote access…
ABA: Foundation Launches 2023 Financial Education Campaigns, Three-Year Initiative to Reach 5 Million Americans
The theme for this year’s campaigns is ‘Protecting Your Financial Future’ The American Bankers Association Foundation today launched its 2023 financial education campaigns, calling on America’s banks and their more than two million employees to participate in these important industry programs and help more consumers achieve long-term financial stability. It also announced a three-year industry-wide…
ABA: New Campaign Seeks to Educate Holiday Shoppers About Scams
Banking Industry Ramps Up Efforts to Empower Consumers to Spot Scams With the holidays in full swing, the American Bankers Association and member banks across the country are stepping up efforts to educate consumers on the threat of scams and how to protect themselves this holiday shopping season. Scammers are taking advantage of the holidays…
HUD: Secretary Fudge to Host Virtual “House Party – Let’s Talk About the House” to Support Millennial and Gen Z Pathways to Homeownership
Event to Help and Dispel Common Myths in Homebuying, Amplify Federal Homebuying Programs The U.S. Department of Housing and Urban Development’s (HUD) Secretary Marcia L. Fudge will hold a virtual ‘House Party’ to share information on available federal resources and bust common myths around the homebuying process. This event is to help encourage young adults…