Signed in June 2009, the Joint Framework of Financial Literacy (Framework) is a five-year plan designed to nurture C-Suite leadership around financial literacy, further integrate financial literacy into the "business case" of the financial industry, and in so doing to highlight the financial services industry's commitment to financial literacy through principles and efforts.
The Financial Services Roundtable represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO.
The Roundtable and Operation HOPE partnered with NASDAQ and NYSE Euronext to celebrate Financial Literacy Week 2010 and participated in Financial Literacy Day on Capitol Hill in support of National Financial Literacy Month.
Roundtable member companies provided 7,800 classroom volunteers to deliver Operation HOPE's and Junior Achievement's financial education programs.
Led by U.S. Bancorp's Chairman, President, and CEO Richard K. Davis, who is also chairman of The Roundtable, the U.S. Bank made a five-year, seven-figure lead pledge to support financial literacy in communities where HOPE and U.S. Bank operate.
The Roundtable supported legislative action such as HOPE-inspired Bill HR1325, proposed by Congresswoman Sheila Jackson-Lee, which directly cites the work of Operation HOPE.