ABA: Foundation Launches 2022 Financial Education Campaigns and Unveils New Free Resources for Banks
The American Bankers Association Foundation today launched its 2022 financial education campaigns, calling on America’s banks and their more than two million employees across the nation to participate in these important and effective industry-wide efforts to promote consumer financial readiness. This year, the ABA Foundation will offer four specific initiatives that encourage banker volunteers to…
HUD: 2021 Annual Homeless Assessment Report Part 1 Released
Report Suggests that COVID-19 Relief Had Positive Impacts on Sheltered Homelessness The U.S. Department of Housing and Urban Development (HUD) today released its 2021 Annual Homeless Assessment Report Part 1 to Congress. The report found that more than 326,000 people experienced sheltered homelessness in the United States on a single night in 2021, a decrease of…
ABA: Banks Encouraged to Host 12th Annual Lights, Camera, Save! Teen Video Contest
Popular national competition promotes financial education The American Bankers Association Foundation is urging banks across the country to participate in its upcoming Lights, Camera, Save! video competition that runs from Feb. 21 to March 31. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. The…
FDIC: New Tool Released to Build Financial Capability
FDIC released How Money Smart Are You? on September 30th. This suite of 14 self-paced games and related resources is the newest addition to FDIC’s Money Smart product family. This new educational tool provides practical knowledge to help consumers manage their finances with confidence. Users play games to learn more about borrowing money, managing debt, saving and…
HUD: $142 Million Awarded to Help End Youth Homelessness
Grants to support innovative housing programs in 33 communities The U.S. Department of Housing and Urban Development (HUD) is awarding $142 million to build systems to end youth homelessness in 33 local communities, including 11 rural communities. HUD’s Youth Homelessness Demonstration Program (YHDP) will support a wide range of housing programs including rapid rehousing, permanent supportive housing,…
HUD: $145 Million Funding Opportunity Announced to Address the Needs of Youth Experiencing Homelessness
The U.S. Department of Housing and Urban Development (HUD) is making $145 million in competitive funding available to build systems intended to end youth homelessness in local and rural communities through HUD’s Youth Homelessness Demonstration Program (YHDP). Competitive funding is available to up to 50 communities for implementation of youth specific innovative programs to address the…
ABA: Bank Volunteers Encourage Saving for the Unexpected on 2021 Teach Children to Save Day
Bank employees across the country will bring financial education to more than 70,000 K-8 students as part of the ABA Foundation’s Teach Children to Save Day on April 22. The annual event is a centerpiece of the banking industry’s longstanding commitment to youth financial education. Since 1997, the ABA Foundation’s financial education initiatives have reached 11.6 million…
HUD: Report on Youth Homelessness Underscores Importance of American Rescue Plan
The U.S. Department of Housing and Urban Development (HUD) today released a report on coordinated community approaches to preventing and ending youth homelessness. The report, “Evaluation of the HUD Youth Homelessness Demonstration Program: Early Implementation Report,” underscores the importance of the American Rescue Plan to addressing homelessness, including for youth. The report found that funding…
ABA: New York Teen Named Grand Prize Winner of National “Lights, Camera, Save!” Video Contest
Leonardo Cross, an 18-year-old student at High School of Art and Design in New York 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 competition that encourages teens ages 13 to 18 to use video to communicate the…
ABA: Foundation Launches 2021 Financial Education Campaign, Unveils New Free Resources for Banks
New materials will help banker volunteers lead virtual and in-person lesson plans for their communities The American Bankers Association Foundation today launched its 2021 financial education campaign and called on America’s banks and their more than two million employees across the nation to participate in this innovative, industry-wide effort to promote consumer financial readiness. This…