The Office of the Comptroller of the Currency released remarks by Acting Comptroller Rodney E. Hood from the U.S. Department of the Treasury’s Financial Literacy Roundtable, where he emphasised the role of financial literacy in empowering underserved communities and outlined the agency’s support for banks’ financial education efforts. The roundtable, titled “Empowering Americans in Underserved Communities through Financial Literacy,” focused on improving financial literacy and education in underserved rural and Native communities. Hood linked financial literacy to a well-functioning financial system and to helping consumers build wealth for themselves and future generations, and pointed to the OCC’s efforts to support banks as they provide financial education to customers and communities.
Office of the Comptroller of the Currency 2025-05-01
Office of the Comptroller of the Currency promotes financial literacy at Treasury roundtable focused on underserved rural and Native communities
Acting Comptroller Rodney E. Hood of the Office of the Comptroller of the Currency emphasized financial literacy's role in empowering underserved communities at the U.S. Department of the Treasury’s Financial Literacy Roundtable. He highlighted the agency's commitment to supporting banks' financial education initiatives, particularly in rural and Native communities, to enhance consumer wealth-building and financial system functionality.