Lack of financial literacy costing consumers, but banks can help
In a national moment of increasing demand for financial education, banks are in a unique position to inform and inspire.
Browsing: Community engagement
Podcast: Breaking Ground as a Community Bank Chief Diversity Officer
While many larger banks have created “chief diversity officer” roles over the past several years, that role has been more of a rarity at smaller banks. Until now.
FDIC Partners With Operation Hope to Promote Financial Education
The FDIC today said it has partnered with the nonprofit Operation Hope to promote financial education to minority and women-owned businesses. Through the partnership, Operation Hope will use the FDIC’s Money Smart financial education resources to help teach how to do business with the agency.
Sports, Live Music and Big Events: Banks Meet Customers Where Fun is the Goal
Banks are embracing concert, athletic and other major event sponsorships to develop personal connections with communities.
Podcast: Giving Thanks with America’s Banks
The latest episode of the ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA’s 2021 Community Commitment Awards. These stories present the perfect inspiration as we prepare for the season of thanks and giving.
Bankers Nationwide Observe Get Smart About Credit Day
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 Fine Art of Banking and Leadership
Scott Anderson, a consummate behind-the-scenes leader, steps into the spotlight as ABA’s 2021-22 chair.
Podcast: Inside a Community Bank’s ESG Strategy
On the latest episode the ABA Banking Journal Podcast, Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank’s “BEST Community Comeback,” a new $5 billion ESG-focused initiative at the Massachusetts-based midsize community bank.
Ag-Focused Youth Gain Real World Business Experience
By volunteering as advisers mentors with FFA or 4-H, agricultural bankers build financial capability and strengthen the next generation of ag producers.
Spreading the Word About Bank On
Community partnerships, word of mouth help market an important financial inclusion initiative.