Business
Chime and Invest America Launch the Compound Combine™ Series to Help All American Families Build Wealth Early
JERSEY CITY, N.J., May 29, 2026--Chime® (Nasdaq: CHYM), The #1 Most Loved Banking app1, and Invest America kicked off the Compound Combine yesterday in Jersey City, N.J. The event is the first in a new series of financial education community events designed to help families learn how wealth builds over time.
About this update from Chime Financial, Inc.
[{"type":"text","content":"JERSEY CITY, N.J., May 29, 2026--(BUSINESS WIRE)--Chime® (Nasdaq: CHYM), The #1 Most Loved Banking app1, and Invest America kicked off the Compound Combine yesterday in Jersey City, N.J. The event is the first in a new series of financial education community events designed to help families learn how wealth builds over time.","length":326,"tagName":"p"},{"type":"text","content":"The initiative reflects a broad belief shared across sectors and political perspectives: helping children access investing and long-term savings early in life can expand economic opportunity and strengthen financial mobility. A very small percentage of American children today have investment accounts. The Compound Combine was created to help close that gap by making wealth-building education and long-term investing more approachable for everyday families.","length":459,"tagName":"p"},{"type":"text","content":"The Compound Combine brings financial education to life for families through football combine-style drills that show why investing early matters. The event also includes resources and hands-on experiences to increase awareness of and participation in Trump Accounts, a new program implemented by the U.S. Treasury Department and championed by Invest America. Trump Accounts are tax-advantaged individual retirement accounts (IRAs) that give children under 18 a way to build long-term savings and put the power of compounding interest to work over time. At the event, students and parents also can participate in engaging activities meant to strengthen financial literacy and learn to invest in their futures through educational materials designed by the Council for Economic Education (CEE).","length":791,"tagName":"p"},{"type":"text","content":""Under the leadership of President Trump and Secretary Bessent, nearly 6 million children have already enrolled in Trump Accounts, giving them a stake in that future. This progress is driven by strong public-private partnerships and community engagement, and the Treasury Department is grateful to Chime for helping more families participate in Trump Accounts at scale," said Luke Pettit, Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury who joined the event yesterday. "Financial literacy fuels the American Dream and helps secure our nation’s future. As we approach Americ...