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News Now

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CUs' role in fin lit aired on Pa cable
Pennsylvania State Treasurer Rob McCord (seated left) explains how parents and grandparents can help children set financial goals and work to achieve them during a financial literacy panel on Pennsylvania Cable Network (PNC) Monday. From left: Corinna Wilson, PCN moderator; McCord; Michael Kaczenski, Pennsylvania Credit Union Association board chairman; Mike Wishnow, PCUA senior vice president, communications and public relations; and Matt Bergman, teacher, Milton Hershey School.  (Photo provided by the Pennsylvania Credit Union Association)
HARRISBURG, Pa. (2/6/13)--Panelists emphasized the importance of ongoing financial literacy--and credit unions' role in furthering it--during a Financial Management 101 program, which debuted on the Pennsylvania Cable Network (PCN) Monday night.

"Financial education begins with a simple conversation between teacher-student, or parent-child," said Pennsylvania Credit Union Association Board Chairman Michael Kaczenski, who also is president/CEO of Sun East FCU in Aston (Life is a Highway Feb. 5).

The panel urged viewers to begin financial literacy education with young children and continue through senior citizens, said PCUA.

Panelists included Pennsylvania Treasurer Rob McCord; Kaczenski; Michael Wishnow, PCUA senior vice of communications and public relations; and Matt Bergman, teacher at the Milton Hershey School. Corinna Wilson of PCN served as moderator.

Bergman suggested parents or teachers take the conversation a step further, to openly discuss with children mistakes made in financial decisions. Wishnow explained the role credit unions play with members, as well as in schools and communities, on financial management and education.

The series of quarterly financial literacy town meetings is sponsored by PCUA and the Pennsylvania Credit Union Foundation.
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