FDIC: Consumers Encouraged to Save Automatically to Achieve Financial Goals
The Federal Deposit Insurance Corporation (FDIC) encourages consumers to commemorate America Saves Week by taking advantage of automatic savings to achieve financial goals. Over time, small automatic deposits into a retirement or savings account can add up with compounded interest, helping consumers cover unexpected expenses and build wealth. FDIC Chairman Martin J. Gruenberg said: “During…
FDIC: Joins the Money Smart Alliance Program Made Easier
Printable Format: FIL-8-2017 – PDF (PDF Help) Summary: The FDIC’s Money Smart Alliance program is a network of financial institutions, nonprofits, and governmental organizations that use the FDIC’s financial education curriculum to provide training to consumers, small businesses, and others. Qualified organizations can join the alliance or renew their membership on the program’s recently enhanced website that also…
FDIC: Answers to Common Questions on How to Avoid Financial Mistakes and Protect Your Money
Each year, thousands of consumers contact the FDIC with questions about financial services and products such as mortgages, checking accounts and credit cards. The Winter 2017 FDIC Consumer News focuses on common concerns we hear from consumers and offers tips for solving and avoiding problems. Some topics include: What to do if a credit card bill shows…
FDIC: First Quarter 2017 CRA Examination Schedule Released
The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the first quarter of 2017. This list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank and thrift regulator to publish a quarterly…
FDIC: Enhanced Money Smart for Small Business Curriculum Announced
The Federal Deposit Insurance Corporation (FDIC) and the U.S. Small Business Administration (SBA) today announced enhancements to Money Smart for Small Business, a resource that provides practical guidance for starting and managing a small business. Money Smart for Small Business, a free curriculum available on the FDIC website, was jointly developed by the FDIC and SBA…