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CU System
CFPB Fin Literacy Field Hearing In Wis. To Feature NCUF, Royal CU
MADISON, Wis. (9/17/13)--A Financial Literacy and Education Commission field hearing on Youth and Post-secondary Financial Education, organized by the Consumer Financial Protection Bureau, will feature representatives of the National Credit Union Foundation and  Royal CU, as well as CFPB Director Richard Cordray. The event will take place in Madison, Wis., Sept. 25.
 
Lois Kitsch, national program director at NCUF, will present the foundation's experiential learning programs during a panel entitled, "Panel I, Building youth financial capability through experiential learning." Also on the panel will be Jennifer Block, representing Royal CU, based in Eau Claire, Wis.
 
The panel will provide insight on opportunities and best practices for using experiential learning to help youth increase financial capability and to augment financial education lessons taught in the classroom.  Examples include use of school bank programs, entrepreneurship training and games/simulations to deepen knowledge of finances.
 
The panel will also include Alex Martinez, a student representative from a bank in school and Elizabeth Odders-White of the University of Wisconsin Madison Center for Financial Security, and moderator David Mancl, director of the Office of Financial Literacy in the Department of Financial Institutions.
 
The hearing will also include a second panel on preparing postsecondary students for financial independence.
 
Also speaking at the event will be Melissa Koide, deputy assistant secretary, U.S. Department of Treasury; Cordray; and J. Michael Collins of the Center for Financial Security, as well as Madison Mayor Paul Soglin and UW Madison Chancellor Rebecca Blank.
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