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Financial Education: Research and Advocacy
Financial education is widely seen as one of the solutions to rising debt levels, mortgage fraud and other consumer financial problems. In the past five years, Congressional legislation has called for a national strategy for financial education and added a financial education requirement to bankruptcy law. The ABA Education Foundation works closely with ABA's government relations department to promote bankers' role in increasing financial literacy. We also track the latest research to help you create or fine tune a results-oriented financial education program.
Former ABA Education Foundation Chairman Julie Cripe (President and COO, Omnibank, NA, Houston, Texas) and Current Chairman Steve Martin (Vice President, Canandaigua National Bank and Trust Company, Canandaigua, N.Y.) met with Congressman Al Green of Texas (far left) and Congressman Barney Frank of Massachusetts (second from right) during Hill visits in April. Rep. Frank is Chairman of the House Financial Services
Committee, of which Rep. Green is also a member. 
ABA Education Foundation Chairman Julie Cripe testifies on Capitol Hill. Speaking on behalf of the industry to the House Subcommittee on Financial Institutions and Consumer Credit, Cripe highlighted the many things bankers are doing to support financial education. Cripe is holding the ABAToolbox on Financial Education, one of the many toolboxes available free to ABA Members.
Photo: James Tkatch
Comment Letters and Testimony
Recent Research on Financial Literacy
For more information, please contact Laura Fisher at lfisher@aba.com.
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