Feb. 26 Twitter Chat to Focus on Savings Strategies
ALEXANDRIA, Va. (Feb. 12, 2015) – Credit unions and their members are encouraged to share strategies for developing positive savings behavior during the National Credit Union Administration’s live Twitter chat on Thursday, Feb. 26, beginning at 11 a.m. Eastern.
Credit unions and consumers can follow @MyCUgov and contribute to the conversation using the #NCUAChat hashtag on Twitter. Participants can submit questions in advance to firstname.lastname@example.org.
Kenneth Worthey, Financial Literacy and Outreach Analyst with NCUA’s Office of Consumer Protection, will join staff of America and Military Saves to share the latest on national savings rates, provide tips on developing healthy savings habits and identify resources to help maximize those savings.
During Military Saves and America Saves Week, which runs Feb. 23–28, credit unions and consumers can visit NCUA’s mycreditunion.gov and the agency’s financial literacy site, Pocket Cents, at any time to get more information about saving, borrowing and managing credit. NCUA’s consumer Twitter feed, @MyCUgov, also provides personal finance tips covering a wide range of topics all year long.
America Saves Week and Military Saves Week are national campaigns that unite government, nonprofit and corporate groups to encourage individuals and families to save and build personal wealth. America Saves Week is coordinated by America Saves and the American Savings Education Council. Military Saves is part of the Defense Department’s Financial Readiness Campaign and has partnered with the department since 2003. Managed by the Consumer Federation of America, both programs encourage saving, reducing debt and building wealth. Credit unions can partner with local savings campaigns and consumer organizations to offer motivational workshops and obtain posters, brochures and other resources. Credit unions can learn more about American Saves activities here and Military Saves activities here.
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 account holders in all federal credit unions and the overwhelming majority of
state-chartered credit unions. At MyCreditUnion.gov, NCUA also educates the public on consumer protection and financial literacy issues.