HAUPPAUGE, N.Y., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that Dime has awarded a grant to Junior Achievement of Long Island in support of their mission to provide financial literacy, career readiness, and entrepreneurship education for low-to-moderate income communities. ABOUT DIME COMMUNITY BANCSHARES, INC. Dime Community Bancshares, Inc. is the holding company for Dime Comm ...

Running out of time for Christmas shopping? 🎄Give a gift that lasts a lifetime, financial literacy! Help your child start a crypto savings account and set them up for success.Know more 👉 https://t.co/Aye9PVfN7p https://t.co/O0I3HDmJwT ...

Core Insights - ING has a legacy of innovation, having launched ING Direct in the late 1990s as a branchless banking model to reduce costs and offer higher savings rates, expanding this model to multiple countries before digital onboarding became mainstream [2] Group 1: Company Overview - ING employs 60,000 people globally, including 20,000 engineers, and operates in over 100 countries, with a balance sheet exceeding €1.1 trillion, over €700 billion in customer lending, and nearly €740 billion in deposits [3] - The retail business accounts for half of ING's capital and two-thirds of its profits, serving over 40 million clients, and is a leading mortgage lender in Europe with over €300 billion in housing loans and €100 billion in loans to SMEs [4] Group 2: Digital Strategy - Digital innovation is central to ING's strategy, with 1.2 million clients joining digitally last year without human interaction, 70% of loans processed through digital workflows, and 90% of sales occurring online, alongside a mobile app receiving 170 million visits weekly [5] - ING is integrating generative AI in various operations, including customer contact centers and lending, with plans for agentic AI in mortgage operations starting in Germany and the Netherlands [5] Group 3: Financial Literacy and Wealth Transfer - The upcoming generational wealth transfer in Europe presents both challenges and opportunities for financial literacy, with European households lagging behind Americans in investment growth, particularly in Italy where less than 10% of portfolios are in equity [6] - ING employs a three-pillar approach to improve financial literacy: innovation, personalization, and transparency, delivering 91% of investment proposals through digital channels and emphasizing goal-oriented advice [7]

Core Insights - Dave Ramsey is a well-known figure in financial advice, but some of his rules are criticized by financial professionals for being too rigid in today's economic context [1][2] Debt Management - Ramsey's advice to always avoid debt is questioned; strategic debt can be essential for long-term wealth accumulation in the current financial landscape [3][4] - Properly managed debt, such as mortgages for appreciating assets or low-interest loans for business ventures, can be beneficial [4] Investment Strategy - The recommendation to halt all investments while repaying debt is seen as flawed; it overlooks the importance of compounding and opportunity costs [5] - A more balanced approach is suggested, where a portion of disposable income is allocated to both debt repayment and investment contributions [6]

When Steven Wang was in second grade, he convinced his parents to open a custodial stock account. Now 24 years old, he’s running Dub, a copy-trading platform aimed at solving the financial literacy gap among his peers. A Harris Poll survey commissioned by Dub in June highlights the contradiction: While 60% of Gen Z and 66% of millennials are investing in the stock market outside of their 401(k)s, just 17% of Americans feel “very confident” in their understanding of how markets actually work. Most believe ...

This holiday season, consider a gift that doesn’t require batteries or end up in a donation bin by next June. Gifting stock —ownership in a real business — is a “stock-ing stuffer” for kids and teens that can spark a lifelong interest in financial literacy and investing. NFLX stock is moving. See the chart and price action here. The Vehicle: Custodial Brokerage AccountsA custodial account (UTMA/UGMA) is the standard vehicle for purchasing shares on behalf of a minor. An adult (the custodian) manages the acc ...

Core Insights - Camden National Bank has launched Family Wallet, a free youth banking platform aimed at instilling healthy financial habits in children aged 5 to 17 [1][2][3] - The platform allows children to earn, save, and spend money in a secure, parent-controlled environment, reflecting the bank's commitment to innovation and financial education [4][5] Company Overview - Camden National Bank, founded in 1875, is Northern New England's largest publicly traded bank holding company with over $7 billion in assets and 72 banking centers [6] - The bank has a long history of supporting youth education and financial literacy, which is further emphasized by the launch of Family Wallet [2][5] Market Context - Children aged 5 to 17 are estimated to have over $360 billion in spending power, with a significant shift towards debit cards and mobile apps [3] - Family Wallet is designed to meet this trend by providing a secure debit card and a mobile app that empowers children to manage their finances [3] Partnership and Compliance - Camden National Bank partnered with Rego Payment Architectures, Inc. to deliver the Family Wallet platform, ensuring compliance with the Children's Online Privacy Protection Act (COPPA) [4][8] - REGO is recognized for its commitment to child data privacy and offers financial literacy tools for families [8]

“If you are 21 years old and save $3 a day, by the time you turn 175 you’ll have $5,000,000.”– Every financial literacy grifter on here selling you a course that is their only source of income. ...

Add in the initial $1,000 government seed money — or $250 for eligible families receiving the Dell gift — and the compound growth potential is substantial.If the account is left untouched without additional contributions, it could balloon to $2.2 million in assets by the time the beneficiary reaches age 60.The math looks compelling on paper. A family contributing the maximum $5,000 annually with a 6% growth rate could see the account reach roughly $191,000 by the time their child hits 18 , according to the ...

You certainly know how to get attention and you certainly got my attention when I saw this partnership that you have with so far. And I should point out you've had a partnership with them for some time, but I guess a little bit more formalized. Talk a little bit about exactly what type of content or advice, if you will, you think some of these folks need.You know, I think the basics are oftentimes overlooked. It's making sure that your savings are working incredibly hard for you in a high yield savings acco ...