News Release 2014-57 | April 10, 2014
Office of the Comptroller of the Currency Recognizes National Financial Capability Month at Capitol Hill Event
WASHINGTON—The Office of the Comptroller of the Currency (OCC) observed National Financial Capability Month today by participating in the annual Financial Literacy Day on Capitol Hill convened by the Jump$tart Coalition, Junior Achievement USA, and the Council for Economic Education.
OCC staff distributed its financial capability materials, including the Financial Literacy Update, OCC's Consumer Advisories, and the School-Based Bank Savings Programs Fact Sheet at the event. Staff also promoted the OCC's HelpWithMyBank.gov website, which provides answers to 250 common banking questions covering such topics as credit cards, bank accounts, mortgages, consumer loans, insurance, identity theft, and safe deposit boxes. The site also includes links and references to financial information and an online consumer complaint form.
“National Financial Capability Month provides an opportunity for consumers to focus on the knowledge and skills necessary to manage their financial resources effectively,” said Comptroller of the Currency Thomas J. Curry. “The OCC encourages partnerships among national banks, federal savings associations and community organizations to educate consumers about financial literacy.”
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 a variety of resources from the OCC and the other 22 federal agencies that are part of the Commission. These resources help people make informed decisions about buying homes, balancing checkbooks, investing in 401(k) plans, and other financial matters.