New initiative supports U.S. community banks, equips BNY employees with critical personal financial skills, and backs nonprofit organizations to advance financial literacy
NEW YORK, September 3, 2025 – BNY (NYSE: BK), a global financial services company, today announced a new initiative designed to strengthen financial education across the interconnected communities that fuel a strong economy – from U.S. community banks to nonprofit organizations and BNY’s own employees.
This multifaceted initiative builds on the company’s ongoing efforts to strengthen financial access and resilience and increase participation in the financial system. It encompasses delivering tailored training for 1,000 U.S. community banking leaders, providing dedicated funding and support to nonprofit organizations working to advance financial literacy, as well as expanding and embedding financial education as a core element of BNY’s culture.
“We’re focused on elevating financial education across community banks, nonprofits, and our own teams,” said Jayee Koffey, Chief Enablement and Global Affairs Officer at BNY. “It’s rooted in our belief that access to knowledge, especially early on, makes a lasting difference – every step matters, and broader participation strengthens the financial ecosystem for everyone.”