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NCUA broadens education outreach with bilingual website
ALEXANDRIA, Va. (8/29/11)--The National Credit Union Administration (NCUA) on Friday released a new version of its website, revising its existing online credit union information source to offer a "one-stop toolbox of educational information and personal finance tips” en español. The site can be found at . The NCUA’s lone Hispanic Board Member, Gigi Hyland, said she is “particularly pleased” by the launch of the Spanish-language site, which will provide “critical information for Hispanic consumers to understand the nature of credit unions and the services they offer.” NCUA Board Chairman Debbie Matz added: “Whether it’s a car loan, a mortgage, a credit card, or a short-term alternative loan, smart consumers need to do their financial homework. Now, consumers can do that research in English or in Spanish.” Like the English-language site that was launched earlier this year, the new NCUA site contains background information on the credit union system and tells interested parties how they can start their own credit union. The site also addresses the needs of consumers by helping users locate local credit unions and reminding existing and potential members that up to $250,000 worth of funds placed in a credit union are covered by the NCUA's deposit insurance fund. More general information on key financial concepts like saving, borrowing, managing credit, and obtaining free credit reports are covered by the site, and important pointers for resolving credit union member complaints are also covered. For more on the new NCUA site, use the resource link.
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