ABA: Registration Opens for ABA Foundation’s 2016 Financial Education Initiatives
ABA Foundation calls for banker volunteers to increase financial capability in local schools WASHINGTON — The American Bankers Association Foundation is calling for banker volunteers to register for its annual Teach Children to Save campaign and other 2016 financial education initiatives. Now in its 20th year, the Teach Children to Save program is a national campaign that encourages banker…
FDIC: Consumer Newsletter Features Shopping Tips for Loans and Credit Cards
Many people searching for a new loan or credit card may not be in the best position to get the right product for their needs and at the lowest possible cost. The latest FDIC Consumer News features tips on how to be better informed and better prepared before applying for credit while avoiding costly mistakes. The Fall 2015 edition…
CFPB: Tool Released To Help Measure Financial Well-Being
Resource Will Provide Questions Financial Educators Can Use to Assess the Financial Wellness of Consumers WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is releasing a tool to measure consumer financial well-being, based on a definition that the Bureau released in January 2015. This first-of-its-kind tool provides questions that educators and others working to…
CDFI Fund: Winners of Innovation Challenge Announced
Today, the Community Development Financial Institutions Fund (CDFI Fund) announced the winner of its 2015 Innovation Challenge. The winner, Association for Enterprise Opportunity (AEO), has been awarded a one-year contract to test an innovative way of partnering Community Development Financial Institutions (CDFIs) with small businesses in low-income areas that need investment. “I am very proud…