Newsroom
April 24, 2015
NAFCU highlights CUs' financial literacy efforts
NAFCU lobbyists told hundreds of attendees at the 2015 Financial Literacy Day event on Capitol Hill Friday about the benefits of credit union membership.
NAFCU spoke with various attendees and representatives from lawmakers' offices about the ways credit unions help their members make sound financial decisions through their financial literacy efforts. Many of these efforts were detailed in NAFCU's April edition of the Economic & CU Monitor.
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| Financial Literacy Day on Capitol Hill. (NAFCU photo) |
This survey report detailing responses from NAFCU members found:
- nearly every credit union offers financial literacy training to its members (84.6 percent);
- credit unions' financial literacy efforts reach an average of 20,800 members per institution; and
- most credit unions (61.9 percent) also saw an increase in the number of members taking advantage of financial literacy resources in 2014.
Friday's event was held in the Cannon House Office Building. Laura Levine of the Jump$tart Coalition emceed the event. Representatives for Reps. Rubén Hinojosa, D-Texas, and Steve Stivers, R-Ohio, were also in attendance.