BBVA Compass has continued to support this educational program in partnership with the American Bankers’ Association Educational Foundation (ABAEF), focusing on the education of children, with volunteers playing a very important role. BBVA Compass employees have participated in two programs, one entitled “Get smart about credit,” which has benefited more than 3,000 children in 2010, and the other “Teach children to save,” which has benefited 1,500. Both are ABAEF initiatives designed to educate future consumers in the proper use of credit and the importance of saving.
The first financial literacy program for adults was also launched in 2010 through an alliance with the Federal Deposit Insurance Corporation (FDIC). In addition, support continued to be given to the “Money Smart” program and the platform for the financial literacy plan in BBVA Compass. “Money Smart” is a program that guides adults and adolescents in the proper use of financial products and services through 10 learning modules.