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Washington
NCUA kicks off Fin. Lit. events in five days
ALEXANDRIA, Va. (3/27/14)--Make sure you're ready: Financial Literacy Month arrives in just five days.

The National Credit Union Administration sent out a reminder Wednesday encouraging credit unions to use the month to continue to help their members become smarter consumers. For instance, credit unions can partner with national and local organizations such as schools, non-profits and other consumer-focused groups to offer workshops and distribute outreach materials. (Watch for April News Now stories with a Financial Literacy logo for credit union highlights.)

"While consumer education is a year-round effort, Financial Literacy Month is a good reminder about the importance of learning how to manage money and build financial security," NCUA Chair Debbie Matz said in a release. 

She highlighted several activities NCUA has planned for the month, including:
  • April 1: A new video documenting the history of America's credit unions and the NCUA, which will be available on the agency's YouTube channel;
  • April 3: A free webinar for credit unions, "Financial Literacy: Putting Your Mission into Action," at 2 p.m. (ET) (see resource link for registration information);
  • April 10: Participation in the annual Financial Literacy Day event on Capitol Hill. Hosted by the Jump$tart Coalition, Junior Achievement USA and the Council for Economic Education, the event is intended to inform lawmakers, congressional staffers and the public about federally insured credit unions and the role of NCUA; and,
  • April 23: A Twitter chat focused on financial literacy from 11 a.m. until noon (ET).
The Twitter chat will be lead by Kenneth Worthey, Financial Literacy and Outreach Analyst with NCUA's Office of Consumer Protection.

The NCUA encourages both credit unions and consumers to follow the conversation and contribute using the #NCUAChat hashtag. Participants can submit questions ahead of time to socialmedia@ncua.gov .

This is the agency's second Twitter chat, having hosted a similar event for America Saves and Military Saves Weeks.

Also in April, the agency will feature updated pages on MyCreditUnion.gov and the agency's financial literacy site, Pocket Cents, with new information about saving, borrowing and managing credit.


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