NCUA Marks National Financial Capability Month

April 2021
NCUA Marks National Financial Capability Month

Register Now for Joint NCUA & FDIC Financial Education Webinar on April 27

ALEXANDRIA, Va. (April 1, 2021) – National Credit Union Administration Chairman Todd M. Harper encouraged credit unions and their members to utilize the agency’s many financial literacy resources available to them during National Financial Capability Month, which runs throughout April, and throughout the year.

“At the heart of the cooperative credit union movement is a commitment to improving the financial wellbeing of every American, including those of modest means,” Chairman Harper said. “National Financial Capability Month, therefore, is a good time for credit unions to invest in the financial literacy of their members by helping them better understand how to save, earn, borrow, invest, and improve their financial lives.”

Research shows that a person’s overall health and wellbeing is directly correlated to their financial health and wellbeing. Consumers who have a strong foundation in personal finance are also essential to a strong credit union system and economy.

The NCUA’s Financial Literacy & Education Resource Center includes resources and tools from other federal agencies and stakeholders that can assist credit unions in developing or improving their own personal finance and financial literacy education programs. MyCreditUnion.gov, NCUA’s consumer website, has links to information on a variety of financial education resources, including such topics as saving and investing, homeownership, dealing with debt, preventing fraud, and planning for the unexpected.

The NCUA participates in national financial literacy initiatives, including the Financial Literacy and Education Commission, an interagency group created by Congress to improve the nation’s financial literacy and education. The Commission’s MyMoney.gov website includes links to information on earning, borrowing, saving, investing, spending, and protecting financial resources.

Register Now for Joint NCUA, FDIC Financial Education Webinar on April 27

In recognition of National Financial Capability Month, the NCUA and the Federal Deposit Insurance Corporation are co-hosting a webinar for credit unions, banks, and other interested parties on the importance of financial account access and financial education for young people participating in employment programs.

Registration for the April 27 event, “Account Access and Financial Education for Youth Participating in Employment Programs,” is now open. The webinar is scheduled to begin at 1:30 p.m. Eastern and run for approximately 90 minutes.

Participants will be able to log into the webinar and view it on their computers or mobile devices using the registration link. Participants can submit questions in advance by emailing WebinarQuestions@ncua.gov. The email’s subject line should read, “Youth Participating in Employment Programs.”

This webinar will be closed captioned and archived online approximately three weeks following the live event.

Last modified on
04/01/21