FDIC: Operation HOPE, Inc. and FDIC Announce Initiative to Expand Financial Education and Minority/Women-Owned Business Opportunities

The Federal Deposit Insurance Corporation (FDIC) today announced a collaboration with Operation HOPE, Inc., to promote financial education using the FDIC’s Money Smart curriculum and other resources and to help educate minority- and/or women-owned businesses on how to do business with the agency.  The arrangement expands upon a longstanding relationship […]

ABA: Bank Employees Across U.S. Celebrate Get Smart About Credit Day and Share Financial Knowledge with Students

Bank employees across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit campaign today and throughout the year by sharing information with teens and young adults on a range of personal finance topics. Get Smart About Credit Day, celebrated annually on the third Thursday of October, is one […]

FDIC: New Tool Released to Build Financial Capability

FDIC released How Money Smart Are You? on September 30th. This suite of 14 self-paced games and related resources is the newest addition to FDIC’s Money Smart product family. This new educational tool provides practical knowledge to help consumers manage their finances with confidence. Users play games to learn more about borrowing […]

ABA: Six Banks Win ABA Foundation’s 2021 Community Commitment Awards

Banks of all sizes earn banking industry’s highest honor awards for community programs The American Bankers Association Foundation named six banks as 2021 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in six specific categories ranging from affordable housing to economic inclusion. The winners will […]

HUD: $51 Million Announced in Funding Opportunities for Housing Counseling Agencies

Notice published today allows HUD-approved housing counseling agencies and intermediaries to apply for funding to maintain and expand critical services for the nation’s renters, homebuyers, and homeowners. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced on Tuesday it is making $51 million in grants […]

CDFI Fund: AmeriCorps and CDFI Fund Launch Economic Mobility Corps

More than $2.5 million invested to place 156 AmeriCorps members for two years in Community Development Financial Institutions AmeriCorps and the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) today announced three Community Development Financial Institutions (CDFIs) were awarded more than $2.5 million through the inaugural round of the AmeriCorps […]

FDIC: CFPB and FDIC Release Enhanced Version of Money Smart for Older Adults

The Federal Deposit Insurance Corporation (FDIC) and the Consumer Financial Protection Bureau (CFPB) today announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart for Older Adults. The enhanced version includes a new section to help people avoid “romance scams” and an updated resource guide. The […]

CFPB: FDIC and CFPB Release Enhanced Version of Money Smart for Older Adults

The Consumer Financial Protection Bureau (CFPB) and the Federal Deposit Insurance Corporation (FDIC) today announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart for Older Adults.The enhanced version includes a new section to help people avoid “romance scams” and an updated resource guide . The enhancements […]

ABA: Banks Encouraged to Submit Nominations for Annual ABA Foundation Community Commitment Awards

The ABA Foundation is seeking submissions for its ninth annual Community Commitment Awards. The awards, one of the industry’s highest honors for extraordinary bank commitment to communities, recognizes innovative, high-impact programs that improve the quality of life for customers and communities banks serve. The entry period ends July 1. “Over the […]

ABA: Bank Volunteers Encourage Saving for the Unexpected on 2021 Teach Children to Save Day

Bank employees across the country will bring financial education to more than 70,000 K-8 students as part of the ABA Foundation’s Teach Children to Save Day on April 22. The annual event is a centerpiece of the banking industry’s longstanding commitment to youth financial education. Since 1997, the ABA Foundation’s financial education […]