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CU System
Maryland fin lit task force in first meeting today
COLUMBIA, Md. (11/5/08)--The Maryland Financial Literacy Task Force--created earlier this year by a state law advocated by the Maryland and District of Columbia Credit Union Association (MDDCCUA)--will conduct its first meeting today. Credit unions have two representatives on the task force, Bert Hash, president/CEO of MECU, Baltimore, and Thom Beck, MDDCCUA Board member and president/CEO of Montgomery County Teachers FCU. They will advocate for measures to make financial literacy education part of the school curriculum in Maryland, said MDDCCUA (FOCUS Newsletter Nov. 3). In April, Maryland Gov. Martin O’Malley signed legislation creating the task force, which received overwhelming support in the legislature, said MDDCCUA. The task force’s mission is to recommend ways to increase Marylanders’ level of financial knowledge and promote financial literacy education in Maryland’s schools. The bills were sponsored by State Sen. C. Anthony Muse of Prince George’s County and State Delegate Dana M. Stein of Baltimore County. The task force is comprised of representatives from the General Assembly, credit unions, banks, teachers’ unions, financial regulators, consumer groups and educators.
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