Ninety percent of parents reported talking with their children about money and personal finance, according to a new survey conducted by Everfi, an educational technology company, in conjunction with National Financial Literacy Month this April.
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Armed with insight and tailored educational outreach, these banks are catering to nontraditional customers that, in turn, boost their bottom lines.
The Consumer Financial Protection Bureau today released an advisory and report highlighting voluntary best practices for banks to protect seniors from financial exploitation.
By Corey Carlisle ankers have long recognized the importance of financial literacy and of teaching Americans how to establish and maintain healthy financial habits. With April’s National Financial Literacy Month on the horizon, I asked Kurt Schindler from Banco Popular in San Juan, P.R., and Ben Joergens from Old National Bancorp in Evansville, Ind.—the 2014
By Linda W. Navarro here are many ways that banks engage in protecting their customers’ hard-earned dollars. Lending prudently, providing deposit insurance, combating fraud, advising about smart financial choices—the list goes on. Lesser known, but equally important, is the work banks do to protect older Americans from financial abuse. (See “Safe Banking, Savvy Seniors.”) At
Texas student Nathan Mitchell won the first-place grand prize of $5,000 in ABA’s “Lights, Camera, Save!” video contest, the association announced today.
Only 40 percent U.S. households are making good or excellent progress toward their savings goals, according to the America Saves Week survey released today.
Banks help students master the fundamentals of reading and financial literacy, one book at a time.
There has been no improvement in required economic education and little growth in personal finance education in K-12 public schools in recent years, according to the biennial Survey of the States from the Council for Economic Education.
U.S. millennials are lacking in their understanding of financial concepts, with only 24 percent demonstrating basic financial knowledge, according to a recent study by PwC on young adults’ financial capability.