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April is National Financial Capability Month, and the FDIC offers several resources to help educate and protect consumers. Here are a few ways to connect with us and our community partners across the country this month and throughout the year.
Deposit Insurance
Since 1933, no depositor has ever lost a penny of their FDIC-insured funds. Check out our Electronic Deposit Insurance Estimator (EDIE) to find out how much of your deposits are covered by FDIC insurance.
BankFind
We often get asked: How do I know if my bank is backed by FDIC deposit insurance? When in doubt, check BankFind, where consumers can search for their bank by name or location. Banks marked with a green checkmark are covered by FDIC insurance. If your bank is not insured, you can use BankFind to locate a bank near you that is.
Community Affairs Events
The FDIC is holding several webinars around the country during National Financial Capability Month on a wide range of topics. Find one near you and join us.
FDIC National Survey of Unbanked and Underbanked Households
Since 2009, the FDIC National Survey of Unbanked and Underbanked Households has measured banked and unbanked households in the U.S. and studied their use of banking and financial products and services. Our most recent study, which was released this past fall, finds that approximately 126.6 million U.S. households – 95.5 percent of all households – were banked in 2021, an increase of approximately 1.2 million banked households since 2019.
The 2021 survey also found the lowest national unbanked rate since the FDIC began conducting this survey, with an estimated 4.5 percent of U.S. households (representing 5.9 million households) without a bank or credit union account.
How Money Smart Are You?
How Money Smart Are You? is an online suite of 14 self-paced games and related resources that can help you learn more about everyday financial topics. This popular FDIC resource is available in English and Spanish. Organizations can set up an account and link players to track progress. Organizations may also include How Money Smart Are You? as a resource alongside webinars, workshops, or other Money Smart products. We encourage people and organizations to learn more by accessing How Money Smart Are You? today! #FDICMoneySmart
Free Money Smart Financial Education Curriculum
Are you interested in helping others in your community build their financial skills? Become a Money Smart trainer in your community by contacting the FDIC Money Smart team for additional information or attending one of our nationwide online train-the-trainer events. You can also sign up for our monthly newsletter, Money Smart News, for helpful tips, and join our Money Smart Alliance to get early access to new materials. The FDIC recently updated our instructor-led curriculum Money Smart for Young Adults, which helps community organizations teach people 16 to 24 years of age about managing their finances.
FDIC Consumer News
Subscribe to our monthly newsletter, Consumer News, for practical guidance on how to become a more informed, safer user of financial services. The newsletter provides helpful hints, quick tips, and strategies that can help consumers protect and stretch their hard-earned dollars. It’s available in English and Spanish and easy to print out or share electronically. A complete archive of Consumer News is also available and can be searched by topic or date.
#GetBanked
Our ongoing educational initiative encourages unbanked consumers to #GetBanked by opening a checking or savings account at an FDIC-insured institution. The FDIC is working to reach these consumers, particularly during tax filing season, when they can benefit from early and direct deposit of their refund.
Through #GetBanked, the FDIC offers consumers a wealth of resources to help them choose the best account to meet their needs, including guidance on how they can find low-cost bank accounts and a flyer about what they need to know when opening an account. Join the #GetBanked movement and help us promote the importance of having a banking relationship. Our comprehensive #GetBanked social media toolkit (available in English and Spanish) will help you join the conversation online.
Alliance for Economic Inclusion
The FDIC encourages engagement at the local level to connect people with partners and resources in their communities, through its Alliance for Economic Inclusion (AEIs). There are currently 11 coalitions working to promote the widespread availability and use of safe, affordable, and sustainable financial products. Community groups and financial institutions looking to learn more are encouraged to reach out to the AEI in their region.
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