Industry Letter

Industry Letter April 2019: Financial Capability Month

Date: 04/16/2019
Organization: Division of Banks
Office of Consumer Affairs and Business Regulation
Referenced Sources: Register for the Basic Banking and CRA Connection Webinar

To the Chief Executive Officer Addressed:

The Division of Banks and the Office of Consumer Affairs and Business Regulation are celebrating Financial Capability Month.  We wish to take this opportunity to encourage financial institutions to help inform consumers about savings programs, financial literacy, or to simply foster awareness about household budgeting. 

Financial Capability Month is a great occasion to promote savings and financial wellness.  Keep in mind that by building financial capabilities across our communities you are advancing financial awareness and helping to enhance asset-building opportunities.  Efforts may also qualify for Community Reinvestment Act (CRA) credit consideration.  Below are some suggested resources and events: 

We encourage you to explore opportunities to promote financial wellness. Thank you for your ongoing commitment to serving your customers and our communities.

Sincerely,

Merrily S. Gerrish
Acting Commissioner of Banks

Edward A. Palleschi
Undersecretary
Office of Consumer Affairs and Business Regulation

Table of Contents

Downloads for April 2019: Financial Capability Month

Referenced Sources:
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