ALEXANDRIA, Va. (March 5, 2012) – As National Consumer Protection Week kicks off, National Credit Union Administration (NCUA) Board Chairman Debbie Matz encouraged credit unions and their members to tap into MyCreditUnion.gov, NCUA’s free consumer website.
“We designed MyCreditUnion.gov
to assist individuals in making smarter financial decisions and to better protect their financial assets,” said Chairman Matz. “Consumers can explore MyCreditUnion.gov
during National Consumer Protection Week, as well as year round, to access financial tools and calculators, learn about home loans and car loans, or understand federal share insurance at credit unions. Credit unions can also link their members to this valuable resource via their own websites.”
The fourteenth annual National Consumer Protection Week runs March 4–10. During the week, government agencies and non-profit groups come together to provide tips and resources for consumers in helping them protect their privacy, manage money and debt, dodge identity theft, and avoid frauds and scams.
provides consumers with a useful resource for learning about money and protecting financial assets. NCUA recently expanded the website’s fraud resources, in part, by dedicating a webpage to specific fraud alerts. The best way to guard against common fraud is to know how each scam works from phishing to unsolicited text messages.
“Since successfully launching our website last year during National Consumer Protection Week, NCUA has upgraded this online consumer protection resource center with new features and a Spanish translation. The message NCUA wants to bring to the nearly 92 million credit union members through MyCreditUnion.gov
and our Office of Consumer Protection is straightforward, but we believe highly valuable: Be on the alert, and stay informed,” concluded Chairman Matz.
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.