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Financial Literacy Topics

Recent Developments
The Basics
Solutions
Commentary
Additional Resources

Recent Developments

• OCC: Financial Literacy Update (Upcoming Events)
• FDIC's Consumer Alerts
• Students' Financial Literacy Challenged through National Financial Capability Challenge (3/13/12)
• ABA Offers Brochure, Tips on Preventing Elder Financial Abuse (6/3/11)
• Fed's Duke Emphasizes Importance of Financial Education (5/24/11)
• FDIC Tips on How to "Shop and Save" on Loans, Credit Cards and Deposit Accounts (5/16/11)
• OCC Financial Literacy Update May/June Issue (5/12/11)
• Fed Chairman Bernanke Discusses Importance of Financial Literacy (4/20/11)
• GAO Report on Elder Abuse (3/2/11)
• FDIC Consumer News Offers Tips on Money Management (2/24/11)
• Fed's Online Resource Provides Consumer Guidance to Credit Reports, Credit Cards (11/10/10) 
• FDIC Releases Enhanced Version of Money Smart (10/29/10)
• FDIC's Money Smart Podcast Available in Spanish (10/14/10)
• FDIC Offers Consumer Tips on Credit Cards, Using a Broker to Place a Bank Deposit, and Reverse Mortgages (5/25/10)
• Database Provides Consumer Credit Card Agreements Online (5/24/10)
• OTS Brochure Helps Consumers Find the Right Mortgage Loans (4/1/10)
• FDIC Offers Consumer Tips on Online Banking (3/15/10)
• OCC Partners with Univision, Launches Financial Education Campaign for Hispanics (12/15/09)
• New ABA Web Site Opens Teach Children to Save Program to Everyone (4/9/09)
• FDIC's Comment Request re: Financial Education Programs (6/23/08)
  • ABA comment letter (7/23/08)

The Basics
Guidance

• OCC Offers Financial Literacy Resources for Bankers
  • OCC's Financial Literacy Fact Sheet
  • OCC Advisory Letter on Financial Education
• OCC's Financial Literacy Update
• Reverse Mortgages: Information to Consider on Benefits and Risks (8/1/08)

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Solutions
Ideas to Use with Consumers

• ABA Education Foundation's National Teach Children to Save Day
• Financial Literacy Toolbox
• Sign-up for ABA's Spirit of Banking newsletter 
• FDIC's Consumer Alerts
• OTS Brochure Helps Consumers Find the Right Mortgage Loans (4/1/10)
• FDIC Issues Tips to Help Consumers Manage Their Money (3/11/09)
• 5 Tips for Avoiding Foreclosure Scams (3/5/09)  
• FDIC Publication Advises Consumers on Loan Programs (11/19/07)
• FDIC Publication Releases How-To Guide on Managing Your Money (February 2007)
• OTS Reminds Consumers to Monitor Their Credit Reports (2/9/07)
• OTS Issues Consumer Fact Sheet on Gift Cards (2/6/07)
• OCC Issues Detailed Guidance to Help Consumers Avoid Cashier's Check Fraud (1/16/07)
• FTC and SEC Offer Tips to Avoid Online Scams: Be OnGuard Online (10/26/06) 

Commentary
Studies/Surveys:

• GAO Report on Elder Abuse (3/2/11)
• FDIC Releases Survey Results of Unbanked and Underbanked (2/5/09)
• FDIC Study: Financial Education Pays Off (9/6/07)
• Survey Finds FDIC Program Beneficial to Consumers' Money-Management Practices  (4/30/07)

Remarks:

• Fed Chairman Bernanke Discusses Importance of Financial Literacy (4/20/11)
• Fed Governor Duke Stresses Need for Financial Education (4/8/10)
• Fed Chair Bernanke Speaks at Jump$tart Coalition for Financial Literacy Month (4/25/07)
• Comptroller Dugan Highlights Importance of Financial Literacy Program at ABA Telephone Briefing (1/18/07)
• FRB Chairman Ben Bernanke on Improving Financial Literacy (5/23/06)
• Comptroller Dugan Highlights Importance of Financial Literacy (5/16/06)

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Additional Resources

• ABA Education  Foundation
• FTC: Free Annual Credit Reports
• Fed and USA Today Launch Financial Ed Program (7/26/05)

Questions? For more information, contact the Center for Regulatory Compliance.