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Visit NCUA’s Refreshed Consumer Websites for “Practical Tips to Avoid Financial Traps”

​Matz Urges Online Self-Education during National Consumer Protection Week

ALEXANDRIA, Va. (March 4, 2013) – With National Consumer Protection Week now under way, National Credit Union Administration (NCUA) Board Chairman Debbie Matz today reminded credit unions members and consumers to use NCUA’s many online resources to learn more about avoiding scams and protecting their financial well-being.
 
“Being well-informed is the best way for consumers to protect themselves,” Matz said. “NCUA’s MyCreditUnion.gov and Pocket Cents websites offer practical tips to avoid financial traps. They provide easy-to-understand advice so that consumers can make better decisions for their lifestyles and goals. Consumers should take full advantage of these valuable online resources not just during National Consumer Protection Week, but every week during the year.”

Matz also emphasized the importance of consumer empowerment through knowledge of consumer protection laws and access to financial literacy resources. To assist consumers in getting this information, NCUA recently debuted updated versions of its popular, free consumer website, MyCreditUnion.gov, and its financial literacy microsite, Pocket Cents.
 
MyCreditUnion.gov visitors also now may connect with NCUA’s new consumer Twitter feed, @MyCUgov, which features timely tips and access to resources designed to help individuals make smarter financial decisions and better choices for their money.
 
The 15th annual National Consumer Protection Week runs through March 9. Government agencies and non-profit groups use this week to draw attention to tips and resources designed to help consumers protect their privacy, manage money and debt, reduce the chances of identity theft, and avoid frauds and scams.
 
NCUA encourages credit unions, credit union members, educators, parents and students to bookmark MyCreditUnion.gov and Pocket Cents as helpful resources for their consumer financial research needs.

 



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 MyCreditUnion.gov and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.

--NCUA--

National Credit Union Administration

Office of Public & Congressional Affairs

703.518.6330
pacamail@ncua.gov

Contacts:

John Fairbanks
Office: 703.518.6336
jfairbanks@ncua.gov

Ben C. Hardaway
Office: 703.518.6333
Mobile: 703.298.5223 bhardaway@ncua.gov

Kenzie Snowden
Office: 703.518.6334
ksnowden@ncua.gov

"Protecting credit unions and the consumers who own them through effective regulation"