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August 07 2012

Operation HOPE Joins U.S. Department of the Treasury to Help Individuals Save for the Future with Ready.Save.Grow.

Campaign to encourage Americans to save will help underserved communities achieve long-term goals and raise overall financial fitness

Washington, D.C. August 8, 2012 – Determined to help individuals in underserved communities maximize their resources and achieve economic independence, financial dignity nonprofit Operation HOPE (HOPE) announced it is joining the U.S. Department of the Treasury’s new public education initiative, Ready.Save.Grow.  The campaign provides information and access to safe, affordable and convenient Treasury savings options.

Earlier this year, Operation HOPE announced a program, 700 Credit Score, focused on helping underserved community residents build their credit scores. HOPE clients can learn more about opportunities to purchase Treasury digital savings bonds and Treasury marketable securities at local HOPE Financial Dignity Centers, which are another part of HOPE’s arsenal of financial empowerment tools,” said Lance W. Triggs, Division President, HOPE Financial Dignity Centers and Chief Executive Officer, Los Angeles. “By taking advantage of the information and access to affordable, safe and convenient Treasury savings options provided by Ready.Save.Grow, individuals can build a stake in their future and ultimately help communities make the transition from an underserved area to an emerging market.”

The Treasury Department’s Bureau of the Public Debt offers interest-bearing digital savings bonds for as little as $25 and Treasury marketable securities for as little as $100 – with no risk of principal loss. These savings options are offered through TreasuryDirect.gov, and can be purchased online or through payroll direct deposit after opening a free TreasuryDirect account. More than a million people have already opened accounts in TreasuryDirect, a secure, web-based system operated by the Bureau of the Public Debt since 2002.

“Through Ready.Save.Grow. and our work with community leaders, such as Operation HOPE, we hope to make all Americans more aware of their savings options and help them build a stronger financial future,” said Bureau of the Public Debt Commissioner Van Zeck.

Operation HOPE clients will be able to learn more about savings tips and other resources – including information about Treasury savings options and how to open and manage an account – by visiting a HOPE Center or accessing www.treasurydirect.gov/readysavegrow.

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TreasuryDirect is a registered mark of the U.S. Department of the Treasury.