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 […]

ABA: America’s Banks Aim to Reach “One Million Minds” through ABA Foundation Financial Education Initiatives in 2020

ABA Foundation programs call for banker volunteers to join growing, industry-wide efforts designed to help local communities The American Bankers Association Foundation today launched its 2020 financial education registration campaign, calling on banker volunteers to register for a range of successful, industry-wide programs designed to enhance financial education across the country. In […]

HUD: Nearly $500,000 Awarded to Public Housing Authorities to Help Young People Aging Out of Foster Care

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $482,000 to four housing authorities to assist young people aging out of foster care and who are at risk of experiencing homelessness. See chart below. Secretary Ben Carson made the announcement during an interview with Jericka Duncan on CBS This […]

HUD: $1.5 Million Awarded to Public Housing Authorities to Assist Young People Aging Out of Foster Care

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out of foster care and who are at risk of experiencing homelessness. See chart here. Funded through HUD’s new Foster Youth to Independence (FYI) Initiative, this funding […]

CDFB: Private Education Loan Ombudsman Issues 2019 Annual Report

The Consumer Financial Protection Bureau (Bureau) Private Education Loan Ombudsman issued today the 2019 Annual Report showing that from September 1, 2017 through August 31, 2019 the Bureau handled approximately 20,600 complaints related to private or federal student loans. Of these, there were approximately 6,700 private student loan complaints and […]

ABA: Bankers Across the U.S. to Promote Financial Literacy on Get Smart About Credit Day

Nearly 6,000 bankers will share credit education to 156, 000 students on Oct. 17 Bankers across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit Day on Oct. 17 by visiting classrooms to teach teens how to use credit effectively. Get Smart About Credit Day, celebrated annually on […]

ABA: Teens Encouraged to Submit Videos in ABA Foundation’s 10th Annual “Lights, Camera, Save!” Contest

Creative teens with video skills and a passion for sound money management can now submit entries in the American Bankers Association Foundation’s 10th annual Lights, Camera, Save! video contest. Lights, Camera, Save! is a national competition that encourages teens to educate their peers about using money wisely through the creative use […]

HUD: $75 Million Awarded to Help End Youth Homelessness

Nearly double the funding to support innovative youth housing programs in 23 communities  The U.S. Department of Housing and Urban Development (HUD) is awarding $75 million to end youth homelessness in 23 local communities across the country, including eight rural areas. HUD’s Youth Homelessness Demonstration Program (YHDP) will help these communities to […]