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Summit spotlights Maine CUs youth fin lit
AUGUSTA, Maine (6/11/10)--Maine’s credit unions reinforced their commitment to financial literacy as one of the lead sponsors and presenters at the state’s first-ever Financial Literacy Summit held May 7 in Augusta, Maine.
Click to view larger image Maine Gov. John Baldacci, center, presented a plaque recognizing the leadership and involvement of Maine’s credit unions in the state’s first Financial Literacy Summit, held recently in Augusta, Maine. Rick Lachance, left, president/CEO of Maine Education and Maine Credit Union League director, and Jon Paradise, right, league governmental and public affairs manager, accepted the plaque on behalf of Maine’s credit unions. (Photo provided by the Maine Credit Union League)
Nearly 175 teachers statewide participated in this event, which was organized by the State’s Office of Securities and the Maine Jump$tart Coalition. Maine’s credit unions are represented on Jump$tart’s board of directors (News & Views June 2010). Maine Gov. John Baldacci spoke about the importance of financial education in schools and singled out Maine credit unions as “one of the leaders in helping bring financial education to students across Maine and being proactive on this very important issue.” The event featured state and national speakers, and several breakout sessions. Two of the breakout sessions featured credit union representatives as presenters. Donna Steckino, president/CEO of Community CU, Lewiston, discussed Maine-Based Community Programs for Financial Literacy. She spoke about the Financial Fitness--Money Management Experience fairs that she helped to start in Maine. “We are working to expand the number of fairs and will continue to do so moving forward,” Steckino said. “Maine credit unions were innovators in this concept and are eager to reach even more students.” “More than 150 educators were given practical tools to help students become financially capable adults,” wrote Judith M. Shaw, administrator of Maine’s Office of Securities, in an opinion piece about the event in the Portland Press Herald (June 10). “Each of us has a responsibility to be educated about personal finance and the pitfalls that can yield money problems for ourselves and our families,” Shaw added. “Perhaps more important, we have an obligation to share this insight with future generations.”
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