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Minn. FIC helps CUs with fin lit strategies
ST. PAUL, Minn. (8/27/10)--The Minnesota Family Involvement Council (FIC) debuted its Start 2 Go Workshop Aug. 19, guiding more than 40 credit union professionals on how to infuse energy into lifestage programs, clubs and overall financial literacy strategies.
Click to view larger image During the Minnesota Family Involvement Council’s Start 2 Go Workshop on Aug. 19, Nathan Dungan (center), founder and president of Share Save Spend, discussed with credit unions how they can help their members engage, educate and equip families to have discussions about money. (Photo provided by the Minnesota Credit Union Foundation)
FIC is a committee of the Minnesota Credit Union Foundation. In the workshop, credit unions explored ways that they can fill the gap in fiscal knowledge that exists in today’s society. Led in part by nationally recognized speaker Nathan Dungan, the workshop focused on the importance of facilitating money conversations among credit union members of all generations. Dungan is the founder and president of Share Save Spend, an organization dedicated to helping families link their money decisions to their values. He emphasized credit unions’ role in engaging, educating and equipping families to have discussions about money. “Families today lack a value system to talk and teach about money,” Dungan said. “By playing an active role in helping members participate in money conversations, credit unions will begin to see healthy spending habits develop in their members.” Dungan said this would benefit credit unions in the long run. Participants investigated steps for increasing members’ financial literacy and explored techniques for marrying financial literacy tactics with their credit union’s strategic plan and vision. “Credit unions have the opportunity to instill lifelong money management habits across multiple generations,” said LeAnn Achtenberg, FIC chair. “The Start 2 Go Workshop provided credit unions with the tools to make financial literacy more than just an event. They left with a blueprint enabling them to give financial literacy a more strategic role within their organizations.” FIC is committed to enhancing the future of the credit union movement by supporting Minnesota credit unions’ efforts to provide financial education programs and encourage full-family involvement. Through the Start 2 Go program, FIC has assisted credit unions in increasing their financial literacy efforts through the development of kids, teens and senior citizens clubs.
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