FDIC Announces Youth Savings Pilot Symposium — 2016-10-18

The Federal Deposit Insurance Corporation (FDIC) today announced that it will hold a symposium on fostering youth savings on Friday, October 21, 2016. The symposium, “Learning to Save – Saving to Learn,” will bring together representatives from nearly 20 banks participating in the FDIC’s Youth Savings Pilot program, as well as non-profit and school partners. Participants will share their approaches to combining financial education with the opportunity to open a savings account. “Offering school-age children an easy opportunity to open a savings account makes financial education efforts more effective,” FDIC Chairman Martin J. Gruenberg said. “Building on the FDIC’s longstanding commitment to youth financial capability, the FDIC’s Youth Savings Pilot has helped bank and school leaders, as well as the FDIC, learn more about how to start and grow youth savings programs.