CUNA News Now: Michigan governor signs financial ed law

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LANSING, Mich. (1/6/09)--Michigan Gov. Jennifer Granholm has signed into law a Michigan Credit Union League (MCUL)-supported bill that would allow a financial education course to satisfy part of the state's high school math requirements.

Senate Bill 834, now Public Act 316 of 2008, was signed into law Dec. 17. It was introduced in October 2007 by State Sen. Michael Switalski (D-Roseville), said MCUL.

"This amendment to the Michigan high school math curriculum demonstrates how lawmakers and schools are recognizing the increasing importance of financial education," said Patrick La Pine, league executive vice president, in the league's newsletter (Michigan Monitor Jan. 5).

"Financial literacy is an integral part of the credit union social mission, and the introduction and approval of this bill has been a priority of the MCUL. To see it signed into law with strong support is encouraging and serves as a significant step toward teaching students the money management skills that will serve them their whole lives," La Pine told the publication.



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	News Now LiveWire HR 3606 (CARD Act 21-day rule fix) signed into law by president, as was the homebuyer tax credit extension 1 day ago Scam warning: Kennedy Space Center FCU members being targeted via phony text messages by ID thieves in Florida. http://ow.ly/zWCE 1 day ago Financial Stability Improvement Act markup, which began today, will continue after Vets. day, Hse. Fin. Svcs. Chair Barney Frank says. 1 day ago In Mon NN: 24 SE Wisc. CUs will now have control of $71.5M in loans and lender-owned homes after Central States Mtge went into receivership. 2 days ago Detroit Edison Credit Union and NuUnion Credit Union announce their intent to merge http://tinyurl.com/y8bslvg 2 days ago Sign up; more tweets... Michigan governor signs financial ed law LANSING, Mich. (1/6/09)--Michigan Gov. Jennifer Granholm has signed into law a Michigan Credit Union League (MCUL)-supported bill that would allow a financial education course to satisfy part of the state's high school math requirements. Senate Bill 834, now Public Act 316 of 2008, was signed into law Dec. 17. It was introduced in October 2007 by State Sen. Michael Switalski (D-Roseville), said MCUL. "This amendment to the Michigan high school math curriculum demonstrates how lawmakers and schools are recognizing the increasing importance of financial education," said Patrick La Pine, league executive vice president, in the league's newsletter (Michigan Monitor Jan. 5). "Financial literacy is an integral part of the credit union social mission, and the introduction and approval of this bill has been a priority of the MCUL. To see it signed into law with strong support is encouraging and serves as a significant step toward teaching students the money management skills that will serve them their whole lives," La Pine told the publication. Resource Links Resources for Youth and Young Adults CUNA's Personal Finance Initiative More CU/System
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