ALEXANDRIA, Va. (January 27, 2012) – The National Credit Union Administration (NCUA) this week launched an updated and enhanced Spanish version of the popular, free consumer resource tool www.MyCreditUnion.gov. The Spanish version can be found at http://espanol.mycreditunion.gov, where a wealth of resources and information is now available for Spanish-speaking consumers.
“Whether a consumer wants to learn how to guard against identity theft, or new parents want to map out the best savings and financial plan for sending their child to college, Spanish-speaking consumers now have a new electronic resource tool at their disposal,” said NCUA Board Member Gigi Hyland, who has been closely involved with bringing this Spanish translated version to life. “As someone immensely proud of my Hispanic origin, I am delighted that NCUA is enhancing efforts to reach out to Spanish-speaking consumers through a Spanish-language website http://espanol.mycreditunion.gov
An important purpose of www.MyCreditUnion.gov
and its Spanish translation is to reinforce that money deposited in the nearly 7,200 federally insured credit unions is safe and protected up to $250,000 by the full faith and credit of the U.S. Government. What’s more, this free, one-stop toolbox has educational information and personal finance tips designed to help individuals make smart financial decisions and better choices with their money.
“MyCreditUnion.gov and its updated Spanish counterpart make it easy for consumers to learn more about saving, borrowing and managing credit,” said NCUA Board Chairman Debbie Matz. “The best way for all consumers to protect and build their financial assets is to learn what related products are available and how they work. “ There are links for the consumer explaining how to get a free credit report each year and how to protect themselves from financial scams. These websites also explain how credit unions work, where to find a credit union to join, and even how to start a credit union. The websites also provide important pointers for resolving credit union member complaints.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of more than
98 million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.