Happy Financial Literacy Month!

Credit unions continue to play a part in the financial education of Americans. Here’s how many are getting involved…

 

 

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 below. 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

To celebrate, we're also running a special on our latest Financial Literacy Webinar recording and whitepaper. Just type in "100off" to receive, well, $100 off.

 
 

April 6, 2010


Comments

 
 
 
  • As our favorite hero, Dollar Dog, says, “save more, earn more!”

    TopLine Federal Credit Union will be participating in National Youth Savings Challenge and any youth that opens a young savers account will get a free piggy bank and TopLine will match up to $25 on their deposit. All branch locations will also have treats, Frisbees and coloring pages to giveaway. We will also be hosting our youth financial literacy seminars called Get Smart with Your MoneyTM which discusses the importance of saving, spending, and sharing wisely. These seminars correspond with our three youth interactive educational websites, Dollar Dog for ages 5-12, Cha-ching for ages 13-17 and the edge for ages 18-22 which are full of games, blogs, podcasts, calculators and more on financial topics ranging from saving, budgeting, to how to buy a car.

    TopLine Federal Credit Union