The American Bankers Association today launched a new training initiative designed help veterans, active-duty service members and military spouses transition to careers in banking.
Just 28 percent of Americans — approximately 70 million people — are financially healthy, according to the Center for Financial Services Innovation’s inaugural U.S. Financial Health Pulse report released today.
More than 6,350 bankers will deliver financial education lessons to nearly 171,800 teens nationwide this year as part of the American Bankers Association’s Get Smart About Credit initiative.
The ABA Foundation and the Federal Trade Commission today released an infographic to help consumers recognize and understand the growing trend of fake check scams.
After years of progress, there’s been only modest improvement in economic and financial education in the United States.
In response to the Consumer Financial Protection Bureau’s eleventh of 12 requests for information, ABA issued a comment letter encouraging the CFPB to broaden the scope of the financial education it provides and promotes.
In remarks at a town hall event in Topeka, Kan., today, Consumer Financial Protection Bureau Acting Director Mick Mulvaney said that the bureau is working to form “community networks” of local law enforcement agencies and state financial regulators that can work together with the CFPB to counter elder financial abuse and “find where the problems are.”
On the latest episode of the ABA Banking Journal Podcast, sponsored by Windstream Enterprise, Connecticut banker George Hermann discussed his bank’s in-school branch program.
FinEdLink helps bankers reach older customers with the training they need to protect themselves and their money.
More than 12,500 bankers will host financial education events across the country this week in celebration of Teach Children to Save Day today. Bankers will teach students the fundamentals of financial literacy, including the basics of saving, how to create a budget and how to distinguish wants from needs.