Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
NCUA readies online resources for America, Military Saves Week
ALEXANDRIA, Va. (2/21/14)--Noting that "an educated consumer is better prepared to make sound financial choices," National Credit Union Administration Chairman Debbie Matz encouraged credit unions to take part in a planned Twitter talk during America Saves Week and Military Saves Week.

America Saves Week and Military Saves Week begins today and runs until March 1. Matz in recent weeks has noted it provides credit unions with an excellent opportunity to educate their communities about the importance of saving.

The NCUA will be active online during the week, hosting a Feb. 26 Twitter chat at 11 a.m. ET. During the chat, NCUA Office of Consumer Protection Financial Literacy and Outreach Analyst Kenneth Worthey will highlight the NCUA's financial literacy resources and answer credit union and member financial literacy questions. The agency has encouraged Twitter users to follow the conversation and contribute using the #NCUAChat hashtag, and to submit questions early by emailing socialmedia@ncua.gov.

The agency has also created a Virtual Campaign Headquarters page, and updated its mycreditunion.gov site and the agency's financial literacy site, Pocket Cents, with new information about saving, borrowing and managing credit.

America Saves Week and Military Saves Week are national campaigns that unite government, nonprofit and corporate groups to encourage individuals and families to save and build personal wealth. American Saves Week is coordinated by American Saves and the American Savings Educational Council. Military Saves is part of the Defense Department's Financial Readiness Campaign and has been a partner with the department since 2003. Managed by the Consumer Federation of America, both programs encourage saving, reducing debt and building wealth.

"Teaching individuals how to build wealth is a core mission of the credit union system, and I strongly encourage credit unions to take part in various activities to remind their members of the importance of saving," Matz said.

During the week-long event, the NCUA encourages credit unions to partner with local savings campaigns and consumer organizations to offer motivational workshops and obtain posters, brochures and other resources.

For more, use the resource link.
Other Resources

NCUA Release
RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
18 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
18 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
19 hours ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
20 hours ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
20 hours ago