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NCUA and AARP are working on initiatives to promote financial education and outreach to consumers, the agency announced last week.

The two organizations signed a memorandum of understanding outlining a series of educational initiatives over the next two years. These include consumer-friendly financial services, anti-fraud efforts, entrepreneurship, financial literacy and more.

NCUA said activities will include, but are not limited to, sharing of financial education tools and resources, co-hosting events in communities and online and participating in working groups with one another and with other organizations.

"Promoting financial literacy is an important goal for NCUA and one of the core missions of federally insured credit unions," NCUA Board Chairman Debbie Matz said.

"AARP looks forward to our work with NCUA promoting important financial education so that families and individuals can face all of their real possibilities with confidence," said AARP Executive Vice President Nancy LeaMond.

NCUA said its staff helped kick off the partnership by participating in AARP's Ideas@50+ National Event earlier this month in San Diego, distributing materials about credit union services, share insurance coverage and elder financial abuse. They also provided information about the financial literacy resources available through the MyCreditUnion.gov website.

Consumer financial education resources are also available at CULookup.com, the credit union locator website administered by NAFCU Services Corporation.