CFPB: Policies Issued to Facilitate Compliance and Promote Innovation
First No-Action Letter Issued to HUD Housing Counseling Agencies The Consumer Financial Protection Bureau (Bureau) today issued three new policies to promote innovation and facilitate compliance: the No-Action Letter (NAL) Policy, Trial Disclosure Program (TDP) Policy, and Compliance Assistance Sandbox (CAS) Policy. The Bureau proposed the policies in 2018 and received public comments on each…
ABA: Foundation Invites Bank Volunteers for 2019 ‘Get Smart About Credit’ Day
Bankers visit classrooms across country on Oct. 18 to teach credit education The American Bankers Association Foundation is calling for banker volunteers for its 17th annual Get Smart About Credit campaign, an initiative designed to teach teens how to use credit effectively. Bankers will celebrate Get Smart About Credit Day on Oct. 17 and throughout…
ABA: Foundation Seeking Banks to Host 10th Annual Lights, Camera, Save! Video Contest
The American Bankers Association Foundation is urging banks across the country to participate in its 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. Through Lights, Camera, Save!, teen participants will create a video up to 90 seconds that demonstrates…
ABA: Experts Selected to Judge Top Banks in Corporate Social Responsibility
Deadline for Community Commitment Award entries extended to July 19 WASHINGTON — The American Bankers Association Foundation today is pleased to announce the list of national experts responsible for judging the banking industry’s 2019 Community Commitment Awards. The CCA program recognizes banks of all sizes and charters across the country for their corporate social responsibility efforts…
HUD: $43 Million Offered to Support Housing Counseling
June is National Homeownership Month, a time to recognize the importance of homeownership to the U.S. economy and the benefits owning a home have on building household wealth for families. To support stable and sustainable homeownership, the U.S. Department of Housing and Urban Development (HUD) today announced it is making $43 million in grants available…
CFPB: Financial Education Tool Launched for Active-Duty Servicemembers
“Misadventures in Money Management” Expands to Wider Audience Today the Consumer Financial Protection Bureau (CFPB) significantly expanded its Misadventures in Money Management financial education tool to active-duty servicemembers. Misadventures in Money Management (MIMM.gov ) was initially developed for future servicemembers who signed a contract to enlist in the armed forces, but had not yet shipped off…
ABA: Banks Urged to Submit Nominations for ABA Foundation’s Community Commitment Awards
Deadline for entries is July 12 WASHINGTON — Starting today, the American Bankers Association Foundation urges banks across the nation to submit nominations for its sixth annual Community Commitment Awards. The awards, one of the industry’s top honors for extraordinary bank commitment to communities, recognizes innovative, high-impact programs that improve the quality of life for the…
ABA: Bankers Celebrate 22 Years of Teach Children to Save
April 12 marks Teach Children to Save Day, volunteers to reach estimated 330,700 students More than 9,850 bankers will host financial education events across the country in celebration of Teach Children to Save Day this year. Since 1997, the ABA Foundation’s financial education initiatives have reached 10.5 million young people with the help of more than 260,000…
FEMA: For National Financial Capability Month, FEMA Partners with FLEC for Events
Throughout the month of April, FEMA, in partnership with the Financial Literacy and Education Commission(FLEC), is celebrating National Financial Capability Month. Personal financial planning helps individuals and families prepare for disasters both big and small. Many people have experienced the challenges of rebuilding their lives after a disaster. In these stressful circumstances, disaster savings can help…
FDIC: Upcoming Webinar for Financial Capability Month on April 17th
In recognition of Financial Capability Month, the FDIC will host a webinar on April 17 to help organizations learn how to use Money Smart tools. This webinar will also explain the benefits of joining the FDIC’s Money Smart Alliance, a free resource to help organizations learn new approaches and strategies on how to use Money…