To provide educators with a unified set of national standards to teach personal finance in K-12 schools, the Council for Economic Education and the JumpStart Coalition for Personal Financial Literacy jointly released a new benchmarking document.
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Bankers across the country will bring financial education to teens and young adults nationwide this year as part of the American Bankers Association’s Get Smart About Credit initiative, which is sponsored by Ally Financial, Citi, U.S. Bank and Wells Fargo.
The Federal Trade Commission’s Consumer Sentinel Network took in more than 334,000 fraud reports filed by Americans age 60 or older, with reported losses of more than $600 million, the commission reported in its annual report to Congress on protecting older consumers.
The American Bankers Association honored six banks today with its Brand Slam awards for bank marketing, judged by a panel of 73 Certified Financial Marketing Professional volunteers.
The American Bankers Association, along with five financial services trade groups, released a white paper today outlining obstacles and solutions for improving financial inclusion for the unbanked population and for reducing the use of high-cost nonbank financial products and services.
Volunteer bankers will teach more than 70,000 students the fundamentals of financial literacy and the importance of saving for the unexpected as part of Teach Children to Save Day tomorrow.
New York student Leonardo Cross won the first-place grand prize of $5,000 in the ABA Foundation’s Lights, Camera, Save! video contest, the foundation announced today.
The eight finalists have been announced in the American Bankers Association Foundation’s Lights, Camera, Save! national video contest for teenagers.
The American Bankers Association Foundation and the Federal Trade Commission today released a new infographic highlighting the problem of government imposter scams.
The American Bankers Association today expressed support for a recently finalized Department of Labor interim final rule implementing section 203 of the bipartisan Secure Act of 2019 to require that defined contribution plans (such as 401(k) plans) include two lifetime income illustrations on a plan participant’s pension benefit statement at least once every 12 months.