Get Smart About Credit with BNC National Bank and the ABA

Financial literacy is a cornerstone of a secure future, especially for younger adults navigating their first major financial decisions. BNC National Bank is proud to support the American Bankers Association's (ABA) "Get Smart About Credit" campaign, an initiative dedicated to equipping young people with the knowledge and tools they need to build a strong financial foundation.

The "Get Smart About Credit" campaign, which kicks off annually on the third Thursday of October, is a year-round effort to provide essential financial education. According to a March 2025 Morning Consult Survey, a significant 72% of adults felt they would be better off financially if they had learned basic personal finance at an earlier age. BNC National Bank, in alignment with the ABA, aims to bridge this gap by sharing valuable resources on critical topics for younger adults.

Here's how the "Get Smart About Credit" campaign helps empower the next generation:

• Budgeting Basics: Learning to manage money effectively is the first step towards financial independence. The campaign offers resources, including worksheets, to help young adults create and stick to a budget, making sound financial decisions.
• Paying for College: Financing higher education can be daunting. The program provides tips and resources, including a list of useful websites, scholarship opportunities, and trusted apps, to help navigate college costs and avoid student loan scams.
• Understanding Your Credit Score: Your credit score is often referred to as your "financial GPA." The campaign explains how credit scores are calculated and offers guidance on how to build and maintain a good score.
• Navigating Your Credit Report: A credit report is essentially your financial resume. Resources are available to help young adults understand what a credit report contains and how to establish a positive credit history.
• Identity Protection and Prevention: As young adults become more financially independent, they are increasingly at risk of being targeted by scams. The campaign provides crucial information and tips to help recognize, prevent, and avoid identity theft and fraud.
   
   

Click here to find your free personal finance resources.

BNC National Bank encourages younger adults to explore these valuable resources and take proactive steps toward financial well-being. By getting smart about credit and other financial concepts now, you can unlock opportunities and shape a more secure future.