ABA: Foundation Celebrates April as Financial Literacy Month
WASHINGTON — Eighty-eight percent of adults overwhelmingly agree that personal finance skills should be taught in schools, according to a new survey from Morning Consult. Despite such strong support, as of 2016, only 17 states require high school students to take a course in personal finance. In an effort to fill that gap, the ABA…
ABA: 6 Tips for Spring Cleaning Your Finances
WASHINGTON — As spring cleaning season begins, the American Bankers Association is encouraging consumers to put a priority on organizing their finances. ABA has highlighted six tips for getting your financial house in order. “With the tax season ending, spring is a great time to take a close look at your budget and bank account,”…
ABA: Testimony on Small Business Administration Loan Program
WASHINGTON — The Small Business Administration 7(a) Loan program is a success that has encouraged economic growth and should be vigorously supported in the future, according to testimony from the American Bankers Association before the House Small Business Subcommittee on Investigations, Oversight and Regulations today. Ted Ashby, president and CEO of Surrey Bank & Trust in Mt….
ABA: 8 Way to Stop an Identity Thief
National Consumer Protection Week is March 5-11 WASHINGTON — More than 15.4 million Americans were victims of identity fraud last year, according to Javelin Strategy & Research. In recognition of National Consumer Protection Week, March 5-11, the American Bankers Association is offering eight tips to help consumers protect their information and avoid becoming a victim….
ABA: Florida Teen Named Grand Prize Winner of National Video Contest
‘Lights, Camera, Save!’ inspires kids and teens to save during America Saves Week WASHINGTON—In recognition of America Saves Week, the American Bankers Association Foundation announced today the three national winners for its 2016-2017 Lights, Camera, Save! video contest. The winning videos were revealed through a live broadcast on the association’s YouTube channel. The judging panel, which consisted of…
ABA: 6 Ways to Use Your Tax Refund Wisely
Average U.S. taxpayer receives nearly $3,000 refund WASHINGTON — According to the Internal Revenue Service, the nation’s taxpayers received an average tax refund of nearly $3,000 in 2016 and will receive a similar amount this year. With more than 70 percent of tax payers receiving a refund this year, the American Bankers Association has highlighted…
ABA: New Report Examiners Banks’ Use of Social Media
66 percent plan to increase spending on social media resources this year WASHINGTON – Three out of four bankers believe social media is important to their banks and 66 percent plan to increase spending on social media resources this year, according to a new report released today by the American Bankers Association. “The State of…
ABA: Foundation Launches Social Media Contest for Lights, Camera, Save! Finalists
Cast your vote for ‘Savers’ Choice’ by Feb. 8 WASHINGTON — 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 that communicates…
ABA: 8 Was to Protect Your Data Online
WASHINGTON — In recognition of National Data Privacy Day, Jan. 28, the American Bankers Association is highlighting eight tips to help online users protect their data and guard against online threats. “Cyber thieves are using social media profiles to gather personal information and use it to commit fraud,” said Doug Johnson, ABA’s senior vice president…
ABA: Registration Open for ABA Foundation’s 2017 Financial Education Initiatives
ABA Foundation calls for banker volunteers to increase financial capability in local communities WASHINGTON — The American Bankers Association Foundation is calling for banker volunteers to register for Teach Children to Save and other 2017 financial education initiatives. Celebrating its 20th anniversary, the Teach Children to Save program is a national campaign that encourages banker volunteers to visit schools…