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NEWS RELEASE

Comptroller of the Currency

Administrator of National Banks

NR 2007-6


FOR IMMEDIATE RELEASE

Contact: Robert M.Garsson

January 18, 2007  

(202) 874-5770


Comptroller Dugan Highlights Importance of Financial Literacy Programs

WASHINGTON — Comptroller of the Currency John C. Dugan highlighted the importance of financial literacy programs in remarks today for a telephone conference sponsored by the American Bankers Association.

“The more your customers know, the more likely it is that they’ll make the choices that are right for them,” the Comptroller said. “And the more they know, the less likely it is that they’ll have the kinds of problems that can destroy a customer relationship and damage your reputation in your community. Financial literacy really is a win for everyone involved.”

The full text of Comptroller Dugan’s remarks are available on the OCC’s Web site at: http://www.occ.gov/ftp/release/2007-6a.pdf.


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The Office of the Comptroller of the Currency was created by Congress to charter national banks, to oversee a nationwide system of banking institutions, and to assure that national banks are safe and sound, competitive and profitable, and capable of serving the banking needs of their customers in the best possible manner.  OCC press releases and other information are available at http://www.occ.gov.  To receive OCC press releases and issuances by email, subscribe at http://www.occ.gov/listserv.htm.