According to the FDIC, a significant number of people in the U.S. have little or no current relationship with a financial institution. The southern regions of the United States represent the largest population of under-banked citizens.
Over 1.3 million American children born each year – and more than half of “minority” children – are born into families with negligible savings to invest in their futures. Research shows that family ownership of even a few thousand dollars in assets can give children not only a measure of economic security, but also a transformative sense of possibility and hope for the future.
The petitioner seeks to partner with government to engage communities of faith and returning veterans in valuing youth as community assets in a National Learn-2-Earn Campaign.