OCC Promotes National Financial Capability Month — 2023-04-13

WASHINGTON—The Office of the Comptroller of the Currency (OCC) encourages national banks and federal savings associations (collectively, banks) to support the financial capability and financial health of their customers, particularly during National Financial Capability Month in April. Banks promote financial capability by supporting programs that expand financial literacy through high-quality financial education and promote access to financial services for all consumers, including those who are underserved. “Improving customers’ financial capabilities is good for communities and for banks,” said Acting Comptroller of the Currency Michael J. Hsu. “People who lead healthy financial lives spend smarter, save more, and borrow and invest more wisely. National Financial Capability Month is a time to reassess and redouble our efforts to expand financial inclusion, increase financial literacy, and empower consumers.” As part of its mission, the OCC offers several resources to help banks provide high-quality financial literacy education and services for consumers and communities that are safe, sound, and fair.