Removing Barriers Blog

CUNA Writes to House & Senate in Support of Financial Literacy Month Resolutions
Posted April 11, 2019 by CUNA Advocacy

Earlier this week, CUNA wrote to Representative Joyce Beatty (D-OH) in the House and Senator Jack Reed (D-RI) and Tim Scott (R-SC) in the Senate to in support of their resolutions to recognize Financial Literacy Month. 

The resolutions recognize the need for financial literacy as a way to empower individuals and increase economic activity and growth while calling on consumers and organizations to “observe Financial Literacy Month with appropriate programs and activities.”

“America’s credit unions offer financial education to both young and older Americans; lend in the safest and most affordable way - including to those facing financial struggles - with small dollar, automobile, and mortgage loan products; provide zero interest loans for Federal workers impacted by government shutdowns; provide disaster relief support and counseling; and arrange solutions for those facing debt or other financial burdens.”

CUNA’s letters also highlights the work of the National Credit Union Foundation, particularly its Financial Reality Fairs, which allow high school students to experience some of the financial challenges they will face when they start life on their own. In 2016 alone, more than 85,000 students participated in a credit union Reality Fair.

On behalf of America’s credit unions and their 115 million members, CUNA thanks the sponsors for supporting financial literacy.