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What you need to know to get money from the settlement with BancorpSouth Bank for alleged discrimination

The BancorpSouth Settlement Administrator recently mailed packets to identified consumers with instructions for how to take part in the settlement. If you think you are eligible, you should look for a packet in the mail and follow the instructions.

Published

Measuring a child’s progress on the building blocks of financial capability

In 2016, the Bureau released the Building Blocks to Help Youth Achieve Financial Capability: A new model and recommendations, which describes where and when children and young adults acquire the foundations of financial capability. Now, the Bureau has created the Building Blocks Measurement Guide to provide researchers, program leaders, teachers, and other financial educators with ways to assess young people’s progress toward each building block.

Aggregate credit card borrowing exhibits end-of-year seasonal patterns which vary across different sets of consumers

This report finds that aggregate end-of-year consumer credit card borrowing roughly follows end-of-year retail expenditure patterns, with consumer borrowing experiences differing across consumers with different credit scores and different credit card utilization rates at baseline. 

Published

Transforming the way we engage

This week the Bureau begins the process of transforming the Bureau’s Stakeholder Outreach and Engagement work, which includes transitioning from former modes of outreach, to a new strategy to increase high quality feedback. Earlier this year, the Bureau put out a Request for Information (RFI) on External Affairs’ (EA) external engagements.

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