Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
CUNA backs Treas. core educational concepts
WASHINGTON (9/14/10)--The Credit Union National Association (CUNA) has come out in support of the U.S. Treasury Financial Literacy and Education Commission's proposed core financial literacy concepts, adding that the concepts the commission has proposed--earning, spending, saving, borrowing, and protecting against risk--are clear, concise, and thorough. The commission’s core concepts provide an excellent foundation “on which to structure financial education,” CUNA added. CUNA also thanked the commission for avoiding references to any specific type of financial institution in its developed financial education core competencies. In addition, CUNA recommended that the commission enhance the list of core concepts by adding information on debt reduction, credit scores, financial planning, and credit rating establishment, among other issues. Though classroom financial education is “crucial,” CUNA said that to create large-scale positive change, “financial education efforts must also focus on other aspects of an individual's daily life—such as education in the workplace.” For the full CUNA letter, use the resource link.


RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
1 day ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
1 day ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
1 day ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
1 day ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
1 day ago