CUNA Study: Women’s No. 1 Priority Is Saving For Retirement

CUNA Study: Women’s No. 1 Priority Is Saving For Retirement The Credit Union National Association’s (CUNA) Women’s Financial Survey finds the most important financial concern for women isn’t buying a house or paying off debt, but saving for retirement. The survey also indicated that although women aren’t confident in their financial knowledge, they might know […]

CFPB: Our First Financial Literacy Report to Congress

Our first financial literacy report to Congress

The CFPB posted the following announcement last week.

Today, we’re publishing our first financial literacy report to Congress. It discusses our approach to financial literacy and the work we’ve done to help consumers make better informed choices about their personal finances and achieve financial goals.

As Director […]

BOE and Partners Providing Free Assistance to Small Business Owners

BOE and Partners Providing Free Assistance to Small Business Owners Los Angeles Seminar Features Strategies for Success

See Event Flyer.

Small business owners and other entrepreneurs are encouraged to attend a free Los Angeles Small Business Seminar on Wednesday, May 15, 2013.

Business owners with questions about state and federal tax laws, new and prospective […]

FDIC National Survey of Banks’ Efforts to Serve the Unbanked and Underbanked

2011 FDIC National Survey of Banks’ Efforts to Serve the Unbanked and Underbanked

The FDIC conducted a second nationwide survey of FDIC-insured depository institutions (headquarters) to assess their efforts to serve unbanked and underbanked individuals and families. This survey focuses on banks’ basic transaction and savings account programs, auxiliary product and service offerings, financial education […]

FTC’s Second Kids’ App Report Finds Little Progress in Addressing Privacy Concerns Surrounding Mobile Applications for Children

FTC’s Second Kids’ App Report Finds Little Progress in Addressing Privacy Concerns Surrounding Mobile Applications for Children

Kids’ Data Still Collected, Shared without Parents’ Knowledge, Consent

The Federal Trade Commission issued a new staff report, “Mobile Apps for Kids: Disclosures Still Not Making the Grade,” examining the privacy disclosures and practices of apps offered […]

GAO Report: ELDER JUSTICE National Strategy Needed to Effectively Combat Elder Financial Exploitation

Elder Justice National Strategy Needed to Effectively Combat Elder Financial Exploitation GAO-13-110, Nov 15, 2012 Highlights Page (PDF, 1 page) Accessible Text View Report (PDF, 80 pages)

What GAO Found

Officials in each of the four states GAO contacted identified the need for more safeguards and public awareness activities to help prevent elder financial […]

“Unbanked” in the News

The FDIC recently released the results of the second National Survey of Unbanked and Underbanked Households which collected data on the number of U.S. households that are unbanked and underbanked, their demographic characteristics, and their reasons for being unbanked and underbanked. The survey was conducted by the U.S. Census Bureau as a special supplement to […]

FDIC 2011 National Survey of Unbanked and Underbanked

 

FDIC Releases National Survey of Unbanked and Underbanked

The Federal Deposit Insurance Corporation (FDIC) released the results of its 2011 National Survey of Unbanked and Underbanked Households, a comprehensive survey on the unbanked and underbanked in the United States. The survey indicates that more than one in four U.S. households (28.3%) […]

Money Smart for Young Adults: Longitudinal Study Site Screening Form

Money Smart for Young Adults: Longitudinal Study Site Screening Form

The FDIC is in the early phases of a research study to evaluate the Money Smart for Young Adults curriculum. This study will assess how the curriculum impacts participants’ financial knowledge and behavior. This survey builds on the evaluation that found the Money Smart curriculum […]

Survey: Family Members, Caregivers and Swindlers are Top Financial Exploiters of Older Americans

Survey: Family Members, Caregivers and Swindlers are Top Financial Exploiters of Older Americans

Over Half of Experts Say Seniors Do Not Have Right Resources to Pick Financial Advisors; Most Effective Ways to Stop Victimization Seen as Face-to-Face Education and Help.

Investment fraud and financial exploitation targeting older Americans is a major problem today and […]