The Office of the Comptroller of the Currency (OCC) participated in the annual Financial Literacy Day event held in Washington D.C., last week to raise awareness about initiatives that improve financial literacy.
The event, organized by JumpStart Coalition, a non-profit organization dedicated to improving personal financial literacy, was part of April’s National Financial Capability Month
OCC staff distributed financial capability materials including the agency’s Financial Literacy Update and the OCC’s Consumer Advisories. Staff also highlighted the OCC’s HelpWithMyBank.gov website, which provides answers to common banking questions covering such topics as credit cards, bank accounts, mortgages, consumer loans, insurance, identity theft, and safe deposit boxes.
“Financial Literacy Day on Capitol Hill brings together a wide range of educational and practical resources while focusing on the importance of financial literacy to the well-being of families and communities all across our country,” Comptroller of the Currency Thomas Curry said.
He added that National Financial Capability Month is an opportunity to highlight that banks and federal savings associations are partners in increasing the financial knowledge of their customers.
“The OCC applauds national banks and federal savings associations for their activities educating consumers about financial literacy during Financial Capability Month and throughout the year,” Curry said.
The OCC is a member of the federal Financial Literacy and Education Commission, which manages MyMoney.gov, the federal government’s website dedicated to financial literacy. The site provides resources from the OCC and 22 other federal agencies that help consumers make informed decisions about buying homes, balancing checkbooks, investing, and other financial matters.