FDIC Announces Youth Savings Pilot Program
Targeted News Service |
FIL-43-2014 (http://www.fdic.gov/news/news/financial/2014/fil14043.pdf)
Summary:
Statement of Applicability to Institutions with Total Assets Less Than
* To introduce students to banking services at an early age, many insured financial institutions collaborate with schools to offer financial education and to establish school-based savings programs. These programs help students learn how to more effectively manage their money, encourage developmental savings habits at a formative age, and promote economic inclusion for entire families.
* The
* The first phase covers programs that will be in place during the 2014-2015 school year. Institutions are invited to participate and apply by
* The second phase will take place during the 2015-16 school year. A FIL will be forthcoming in
* Learn more at http://www.fdic.gov/youthsavingspilot.
Distribution:
* FDIC-Insured Institutions
Suggested Routing:
* Chief Executive Officer
* CRA Officer
* Chief Retail Officer
Contacts:
*
*
Note:
FDIC Financial Institution Letters (FILs) may be accessed from the
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies may be obtained through the
TNS 30FurigayJof-140806-4821349 30FurigayJof
Copyright: | (c) 2014 Targeted News Service |
Wordcount: | 441 |
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