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Washington
Mica thanks legislators for backing fin lit resolution
WASHINGTON (4/21/10)--The House on Tuesday endorsed H. Res. 1257, a resolution that supports the goals and ideals of Financial Literacy Month, which takes place during April. H. Res. 1257 also contains specific language that backs credit union involvement in National Credit Union Youth Week, which supports increased financial savings by minors. National Credit Union Youth Week concludes on April 25. In a Monday letter, Credit Union National Association President/CEO Dan Mica thanked Reps. Rubén Hinojosa (D-Texas) and Judy Biggert (R-Ill.) for introducing H. Res. 1257. In that letter, Mica said that financial literacy is “vital to the well-being of American families and the overall economic health and prosperity of our nation” and, “given the uncertainty in today’s financial markets… is more important than ever for all Americans.” Mica also detailed many of the financial literacy endeavors that credit unions take part in during the rest of the year, including direct assistance to the National Endowment for Financial Education’s High School Financial Planning Program as it delivers educational materials to over 500,000 students nationwide and funding of the BizKid$ Television Series, a series that promotes financial education for middle and high school students and reaches more than 1,000,000 households per episode. For the full letter, use the resource link.
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