Newsroom

Fred Becker

April 1, 2013 – Today begins National Financial Literacy Month, and NAFCU President and CEO Fred Becker is encouraging NAFCU members to mark the event by putting the spotlight on their efforts to promote learning about personal financial matters in their institutions and their communities.

National Financial Literacy Month is recognized throughout the country as an opportunity to promote saving, smart purchases and long-term personal financial planning to meet one's life goals.

"Credit unions promote these smart choices every day," said Becker. "With National Financial Literacy Month underway, this is a perfect time to showcase what you do best – help and counsel your members on reaching healthy financial goals – and to reach out to potential members as well."

NCUA Chairman Debbie Matz said National Financial Literacy Month offers numerous opportunities for member education and outreach.

"NCUA encourages credit unions to use Financial Literacy Month as an opportunity talk to their members about saving, building wealth and making smarter financial decisions," Matz said. "Not only will it help members make better-informed financial decisions, but also it strengthens a credit union's relationship with its members, and ultimately contributes to a credit union's bottom line."

Visit CULookup.com for tools to promote during National Financial Literacy Month.

CULookup.com, NAFCU's credit union locator website, provides links to 30 personal finance calculators that can be used directly or downloaded to NAFCU member credit union websites. The site also includes links to personal financial education resources (including NCUA's fraud information center and its financial education site, MyCreditUnion.gov).

NCUA also has a new Twitter feed for consumers, @MyCUgov, which features timely personal finance tips to help individuals make smarter financial decisions.