Guidance to Encourage Financial Institutions’ Youth Savings Programs and Address Related Frequently Asked Questions


Federal Reserve Bank of San Francisco

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March 6, 2015

On February 24, 2015, the Federal Reserve, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency (as members of the Financial Literacy and Education Commission), and the U.S. Department of Treasury’s Financial Crimes Enforcement Network issued guidance regarding youth savings programs.