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NCUF releases first state reports on making a difference
MADISON, Wis. (9/7/11)--The National Credit Union Foundation (NCUF) released three state pages that will be part of its forthcoming national report showing how the credit union movement is making a difference through financial education and counseling. The Delaware, Illinois and Kansas pages were put together from data collected by NCUF for its 2011 Credit Union Member Education Inventory.
Click to view larger image Above is a look at Kansas’ state page from the National Credit Union Foundation’s 2011 Credit Union Member Education Inventory, which will culminate in a free report showing how the credit union movement makes a difference through financial education and counseling nationwide. (Graphic provided by the National Credit Union Foundation).
Sponsored by state credit union leagues and NCUF’s REAL Solutions program, the report “Credit Unions: Focused on Financial Capability Across the Nation,” will give each league/association a section that contains state-specific data and comparisons to national figures. The three state pages released by NCUF are the first glimpses of what those look like. The report will be used for communications, advocacy and outreach efforts, and will be accessible to participating credit unions at no charge through the REAL Solutions Impact Center. A companion tool detailing member financial education/counseling products and credit union best practices will be published in conjunction with the report. Preliminary survey data indicate credit unions are strong providers of financial education. For example, in Kansas, 164 classroom presentations were made to 5,509 youth at Kansas schools in 2010. Nationally, more than 1.7 million members received financial counseling or advice from credit unions last year. “While the information collected so far is certainly impressive on its own, it is still important to gather more data,” said Lois Kitsch, NCUF’s national program director. “Once more credit unions complete our survey, we’ll know the true impact our industry has across America through our numerous financial education efforts.” NCUF has been using an online survey tool to gather the data since March. To date, more than 550 credit unions from 46 states have completed the survey. All U.S. credit unions are invited to participate, said NCUF. For questions and additional information, contact Lois Kitsch at lkitsch@ncuf.coop or 414-793-1991. For more survey information, use the link.
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