February 21, 2014

'Saves' Week begins, NAFCU at Financial Readiness Fair

Feb. 24, 2014 - NAFCU is participating in the Pentagon's Financial Readiness Fairbeing held in conjunction with America Saves Week and Military Saves Week, which begin today and run through March 1.

NAFCU is encouraging credit unions to engage their members on saving tactics and good personal financial management tools by participating in these national campaigns.

Through the programs, financial institutions are asked to promote the value of saving through all their communication channels, including social media. Credit unions can download and personalize the promotional materials offered on the campaign website.

Part of the Department of Defense's Financial Readiness Campaign, Military Saves Week is aimed at encouraging military servicemembers and their families to save. Quincy Enoch, NAFCU's associate director of legislative affairs and military liaison, will participate in a number of Military Saves Week activities. "Defense credit unions from all over the world are taking part in events related to this week's activities," Enoch said.

NCUA is also beginning a financial literacy Twitter chat series Wednesday in conjunction with Saves week. "The week is a great opportunity for credit unions to educate Americans about why saving is an important element of achieving financial security," said agency Board Chairman Debbie Matz. "Teaching individuals how to build wealth is a core mission of the credit union system, and I strongly encourage credit unions to take part in various activities to remind their members of the importance of saving."

NAFCU members can direct their questions about America Saves Week to NAFCU Director of Public Relations Patty Briotta via email to Questions about Military Saves Week can be directed to Enoch,