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News Now

CU System
ColoradoWyoming CUs launch Foolproof fin ed program
DENVER (10/3/08)--The Credit Union Associations of Colorado and Wyoming reported that nearly one-half of the states’ 1.7 million credit union members now have online access to consumer education and information programs through FoolProof, a financial literacy initiative launched in April. “This is the fastest adoption rate of any program we’ve offered,” said John Dill, president/CEO. FoolProof uses interactive, online modules and websites to reach members and non-members. “Even the smallest credit union can have five separate financial literacy and consumer educator programs--separate programs for adults, high school students, and college-age students,” said Will deHoo, FoolProof president. FoolProof for High Schools provides high school teachers with two weeks of free, web-driven classroom instruction on financial literacy and management. FoolProof Solo teaches college students the credit union difference, and Information Edge is a real-time consumer newspaper with video, podcasts and breaking news stories. Credit unions receive a marketing materials to help introduce the program, including press releases, presentations, newsletter articles and Web content. The program’s cost is tiered to make it affordable for credit unions regardless of asset size.
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