Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
KCUA picks 3 for Money Possible: Destroy Debt
WICHITA, Kan. (3/5/14)--The Kansas Credit Union Association has selected three families to take part in the Money Possible: Destroy Debt campaign, its consumer financial literacy program.
 
Loosely based on the "Biggest Loser" TV show, KCUA's campaign will follow Kansas credit union members as they work with the Consumer Credit Counseling Service to destroy their household debt and learn smart money management skills.
 
"By following our members through their challenges and successes, the campaign can be a learning experience for everyone, not just our participants," said Melissa Baptista, KCUA research and development director. "Many consumers have more debt than they'd like, are worried about their retirement options, or just want to ease the stress of their financial situation. By watching others, just like them, we can help those who may be in the same financial situation as our participants."
 
Participants include:
  • Raquel. In her 30s, married and a mother of two young children, her goal is to pay down payday loans, and learn to save.
  • Lisa and Bryan. In their 40s, Lisa and Bryan want to save for retirement. They have three older children. They need to learn to say "no" and live within their means.
  • Fredica. A divorced mother of four in her 50s, Fredica wants to control impulse spending and save enough to buy a house.
The Money Possible campaign will use weekly television segments on KAKE-TV ABC to follow the families. Fifteen-second "Tip of the Week" spots also will air several times a week. Updates will be posted on the MoneyPossible.org blog. The campaign can also be followed on social media with the hashtag #MoneyPossible.
RSS print
News Now LiveWire
Today's #NewsNow preview of @CUNA board chair Dennis Pierce's testimony before @SenateBanking http://t.co/XgQ81Fn7wR
53 minutes ago
Fazio: @TheNCUA supports Privacy Notice Modernization Act, which allows FIs to send privacy policy notifications only when policy is changed
58 minutes ago
Fazio: Hard to give timeline for when NCUA risk-based capital rule will be finalized...I can say it's the agency's top reg. priority
1 hours ago
(2of2) NCUA is aware of importance of scaling regulatory, supervisory and assistance prgrms to address unique circumstances of small CUs.
1 hours ago
.@TheNCUA's Larry Fazio: W/ 1/3 of CUs having less than $10M in assets and 2/3 of CUs having less than $50M in assets...(1of2)
1 hours ago