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May 03, 2012

Pocket Cents youth website in Spanish now

May 4, 2012 – NCUA yesterday unveiled a Spanish version of its youth financial literacy website, Pocket Cents, which is housed within MyCreditUnion.gov.

"As part of NCUA's 2012 strategic plan, we are working to increase knowledge of credit unions in younger audiences. Spanish-speaking children are a growing population that we need to reach as part of these efforts," said NCUA Board Chairman Debbie Matz. "With useful tips, fun games, and great graphics, Pocket Cents—and now its Spanish version—are raising student awareness of credit unions and assisting kids in planning for sound financial futures."

MyCreditUnion.gov was unveiled last year to promote financial literacy for adults. The Pocket Cents websites offer lessons about the value of a dollar and allow youth to explore the different currencies from around the world using an interactive map.

The site also lets kids learn about the role of credit unions in their financial futures. The website explains the history of credit unions, how to locate a credit union, and how to start a credit union in a school.

According to the U.S. Census Bureau, the U.S. Hispanic population has risen 43 percent in the last decade, topping 50 million and comprising about one of six Americans. In 2010, Hispanics also made up 23 percent of people under the age 18, up from 17 percent 10 years earlier.

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