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NCUA’s Matz urges credit unions to promote financial education

Financial EducationNCUA Board Chairman Debbie Matz urged credit unions on Wednesday to use the month of April, National Financial Literacy Month, to promote financial education among their members.

“Advancing financial literacy is a top priority for NCUA, and it’s a core mission for credit unions,” Matz said. “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. Credit unions should use this month to help their members become smarter consumers.”

NCUA will host a number of activities during the month of April, including a free webinar for credit unions on April 3, a Twitter chat on financial literacy on April 23 and a video on the history of credit unions available April 1.

NCUA will also participate in the Financial Literacy Day event on Capitol Hill—hosted by Jump$tart Coalition, Junior Achievement USA and the Council for Economic Education—on April 10.

Consumers can access NCUA’s pages on MyCreditUnion.gov and its financial literacy site Pocket Cents in April to learn more about saving, borrowing and managing credit. Updates are also available via Twitter and will focus on saving, budgeting and borrowing.

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