Amid growing financial stress and economic pressures, just 33% of Americans reported feeling savvy about their finances, compared to 43% a year ago, according to findings from the KeyBank 2023 Financial Mobility Survey released this week.
As inflation remains elevated and consumers face persistently higher prices for goods and services, nearly two-thirds—64%—of them are now considered “financially unhealthy,” according to new data released by J.D. Power.
Millennials and Gen Z individuals planning to buy their first home rely heavily on websites and social media to learn about personal finance, according to a survey of potential homebuyers published today.
In a national moment of increasing demand for financial education, banks are in a unique position to inform and inspire.
Ohio student Brodie Bosworth won the first-place grand prize of $5,000 in the ABA Foundation’s Lights, Camera, Save! video contest, the foundation announced today.
The ABA Foundation today observes Teach Children to Save Day in connection with its flagship financial education program, Teach Children to Save.
The ABA Foundation today kicked off its Lights, Camera, Save! Social media contest on the ABA Instagram page, where the public can now vote for their favorite video entry submitted by teens from across the country.
Acting Comptroller of the Currency Michael Hsu told the Financial Literacy and Education Commission that there is “an urgent need for improved crypto literacy and education.”
The American Bankers Association Foundation today launched its 2022 financial education campaign, which consists of four programs—Teach Children to Save, the Lights, Camera, Save! video contest, Safe Banking for Seniors and Get Smart About Credit.
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.