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CU System
N.J. CUs partner with fin lit coalition
HIGHTSTOWN, N.J. (11/23/10)--New Jersey’s credit unions have agreed to support the New Jersey Coalition for Financial Education (NJCFE) to advance financial literacy and education throughout the state and region. With help from the New Jersey Credit Union Foundation (NJCUF) and the New Jersey Credit Union League (NJCUL), credit unions have made a three-year sponsorship commitment, set to begin in 2011 (The Daily Exchange Nov. 22). The relationship will be formalized in a signing and check presentation ceremony at the upcoming NJCFE Membership Meeting scheduled for Dec. 17. “Financial literacy is one of the core missions of New Jersey credit unions,” said Paul Gentile, president/CEO of the league and secretary/treasurer of the foundation. “Credit unions operate in a cooperative environment, and our credit unions are proud to join together to fund this three-year commitment to NJCFE.” “New Jersey’s Credit Unions, Banking You Can Trust” will be lead sponsor in all events and the expanded relationship will bolster NJCFE’s statewide goal to improve the personal financial literacy of New Jersey’s citizens of all ages. Through the partnership, NJCFE said it will be able expand its outreach program. NJCFE also will be able to host:
* A spring and fall statewide conference for educators to develop new financial literacy education tools and learn of opportunities; * Financial showcases to spotlight a financial literacy curriculum statewide; * America Saves Week--a year-long program kicked off with a statewide public awareness week to encourage New Jersey citizens to save; * Financial Health Days--working with local organizations and schools to host financial health days where young people are given life scenarios to learn about money and budgeting; and * Website expansion for www.njcfe.org, a hub for financial literacy in New Jersey. With expanded resources, the website will begin offering services in multiple languages and further outreach.
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