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
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 nearly 100
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.