eBrief: Happy Financial Literacy Month!

What are credit unions doing to educate Americans about this crucial topic? Quite a bit!

 
 

The Jumpstart Coalition for Personal Financial Literacy started promoting April as Financial Literacy Month in 2000. In 2003, Congress formally recognized the month in official resolutions. What are credit unions doing to educate Americans about this crucial topic? Quite a bit!

At 4Q 2009…

  1. 24% (1,868) of credit unions offered Financial Counseling
  2. 24% (1,869) offered Financial Education in some form
  3. 13% (989) hosted Financial Literacy Workshops
  4. 8% (646) had a First Time Homebuyers Program
  5. 4% (324) were involved in an In-School Branching Program

If your credit union is hosting a special event for Personal Financial Literacy Month (or all year round!), share it in the comment section of this eBrief’s corresponding Off the CUff post. For those of you thinking about starting or revising current financial literacy programs here's a list of resources to get your creative juices flowing:

  1. Earn a Return on Financial Literacy
  2. Financial Literacy and Credit Unions: An Opportunity to Serve and to Grow
  3. Educating Members One FICO Score at a Time
  4. State Financial Education Requirements
 

 

 

April 7, 2010


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