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

Bank employees across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit Day on Oct. 15th by presenting virtual lessons to teens and young adults on a range of personal finance topics. Given the economic disruption from the ongoing pandemic, this year’s online campaign is particularly timely. Get […]

ABA: Foundation and Junior Achievement Announce Partnership to Empower America’s Youth with Money Skills

The American Bankers Association Foundation and Junior Achievement today announced a new two-year partnership to work collaboratively to help our nation’s youth build the financial knowledge they need to own their economic success and plan for the future. The ABA Foundation and Junior Achievement will work in tandem to bring […]

CFPB: New Podcast Series Announced Focused on Paying for Higher Education

The Consumer Financial Protection Bureau (Bureau) today released the first episodes of a two-part podcast series for students, parents, and practitioners on managing finances before, during, and after college. The podcast series, Financial inTuition, will include interviews with experts in financial aid, student loans, financial coaching, and planning. The podcasts […]

CFPB: New Online Tool Released to Help College Students Determine How to Pay for College

To help students navigate paying for college, the Consumer Financial Protection Bureau (Bureau) today released the “Your Financial Path to Graduation” web tool designed to help students clearly understand the total cost of attending college and make informed decisions about paying for their education. “Your Financial Path to Graduation” helps […]

ABA: Bankers Celebrate Financial Capability Month by Taking Teach Children to Save Online

While schools may be closed due to COVID-19, bankers across the country are finding new and innovative ways to share the Teach Children to Save program this year, including virtual financial education lessons for children across the nation. Since 1997, the ABA Foundation’s financial education initiatives have reached 11.1 million […]

HUD: $24 Million Awarded to Help Children in Foster Care

Today, the U.S. Department of Housing and Urban Development (HUD) awarded $24.4 million to public housing authorities nationwide through the Family Unification Program (FUP). This funding will make more than 1,900 vouchers available for families who are unable to secure affordable housing for their children or dependents, and former foster youth […]

ABA: California Teen Named Grand Prize Winner of National Video Contest

‘Lights, Camera, Save!’ inspires kids and teens to save during America Saves Week Michaela Oh, a 16-year-old student at Whitney High School in Rocklin, Calif., is the national winner of the American Bankers Association Foundation’s Lights, Camera, Save! video contest. Lights, Camera, Save!, which launched in 2010, is a unique national […]

ABA: Foundation Launches Social Media Contest for Lights, Camera, Save! Finalists

Cast your vote for ‘Savers’ Choice’ by Feb.19 The American Bankers Association Foundation is hosting a social media contest to allow viewers nationwide to vote for their favorite Lights, Camera, Save! video entry. Lights, Camera, Save! is an annual video contest that encourages teen participants to produce a short film […]

HUD: Additional $260,000 Announced to Public Housing Authorities to Assist Young People Aging Out of Foster Care

Today, U.S. Housing and Urban Development (HUD) Secretary Ben Carson announced an additional $258,606 in funding for HUD’s new Foster Youth to Independence (FYI) Initiative. Seven housing authorities will receive this funding, continuing HUD’s efforts to assist young adults transitioning out of foster care and who are at risk of homelessness. […]

CFPB: U.S. Department of Education and CFPB Sign Memorandum of Understanding to Better Serve Student Loan Borrowers

The Consumer Financial Protection Bureau (Bureau) and the U.S. Department of Education (ED) announced a new coordination agreement in order to better serve student loan borrowers. Under the newly signed Memorandum of Understanding (MOU) the agencies will share complaint information from borrowers and meet quarterly to discuss observations about the […]