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CU System
Neb. Fin. Ed Coalition lists CUNA league for free help
MADISON, Wis. (1/26/11)--The president of the Nebraska Financial Education Coalition recently recommended the Credit Union National Association (CUNA) and the Iowa Credit Union League as resources for free financial literacy education. Jennifer Clark, who is also public affairs manager for a seven-state region of the Federal Reserve Bank, said consumers should learn about money management when there isn’t a crisis, so they’re better prepared when one hits (Omaha World-Herald Jan. 24). Jim Niederhauser, director of credit union growth at the Iowa Credit Union League, told the newspaper 41% of Iowa’s credit union members are baby boomers whose top concerns are current economic conditions and income and health care during retirement. Among Iowa’s 13 largest credit unions--those with assets of more than $100 million--at least half offer some kind of financial planning services. Those services may be someone on staff, a third-party relationship or even a virtual financial planner. The league’s website also offers a Financial Resource Center that takes consumers to a site sponsored by CUNA, which contains information on topics such as insurance, retirement, credit and saving/investing, the article said.
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