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News Release 2017-49 | April 28, 2017

OCC Participates in Capitol Hill Financial Literacy Event; Recognizes National Financial Capability Month

WASHINGTON—The Office of the Comptroller of the Currency (OCC) recognized National Financial Capability Month by participating in the annual Financial Literacy Day event held on Capitol Hill. The event is the culmination of activities throughout National Financial Capability Month.

At today's event, the 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 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. The site also includes links and references to financial information and an online consumer complaint form.

“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,” said Comptroller of the Currency Thomas J. Curry. “National Financial Capability Month provides an opportunity to highlight that national banks and federal savings associations are vital partners in increasing the financial knowledge and skills 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.”

The OCC is a member of the federal Financial Literacy and Education Commission, which manages, the federal government's website dedicated to financial literacy. The site provides resources from the OCC and 22 other federal agencies. These resources help consumers make informed decisions about buying homes, balancing checkbooks, investing, and other financial matters.

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