Matz Urges Credit Unions to Plan Ahead to Talk to Their Members about Savings and Making Better Financial Decisions
ALEXANDRIA, Va. (March 20, 2013) – National Credit Union Administration (NCUA) Board Chairman Debbie Matz today reminded credit unions that National Financial Literacy Month, which runs throughout the month of April, offers many opportunities for member education and outreach.
“NCUA encourages credit unions to use Financial Literacy Month as an opportunity talk to their members about saving, building wealth and making smarter financial decisions,” Matz said. “Not only will it help members make better-informed financial decisions, but also it strengthens a credit union’s relationship with its members, and ultimately contributes to a credit union’s bottom-line. To help credit unions begin these conversations, NCUA has a number of personal finance resources available on our consumer website MyCreditUnion.gov, and our financial literacy microsite, Pocket Cents, which serves people of all ages.”
NCUA encourages credit unions, credit union members, educators, parents and students to bookmark MyCreditUnion.gov and Pocket Cents as helpful resources for their personal finance and consumer education needs.
In addition, MyCreditUnion.gov visitors may connect with NCUA’s new consumer Twitter feed, @MyCUgov, which features timely personal finance tips to help individuals make smarter financial decisions.
National Financial Literacy Month is a national initiative that brings attention to the importance of financial literacy and maintaining healthy financial habits throughout a person’s lifetime.
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 U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 96 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..