Ken Worthey, the NCUA's financial literacy and outreach analyst, talks to congressional staffers Thursday during a Capitol Hill event to mark National Consumer Protection Week. (NCUA photo)
The National Credit Union Administration Thursday joined in on a Capitol Hill celebration of National Consumer Protection Week by educating congressional staffers about credit unions and the role of their federal regulator.
March 2-8 is National Consumer Protection Week. It is intended to encourage Americans to be better informed in their consumer decisions. In his proclamation of the week, President Obama wrote, "This week, we remember that our nation's economy is only as strong as its people, and we recommit to fostering a sense of basic fairness in our marketplace." He called on government officials and private industry leaders to help educate Americans on their rights as consumers.
Ken Worthey, the NCUA's financial literacy and outreach analyst, participated in the day's Capitol Hill event.
The NCUA has used the declaration of the week to highlight the many resources it provides consumers--especially on its two consumer-oriented websites, MyCreditUnion.gov and Pocket Cents. These sites include tips to help consumers avoid financial scams and protect their financial well-being.
On its own site, the NCPW this week reminded users that a checking account at a credit union or other financial institution can serve as a less costly alternative to using check cashers or prepaid cards. The site also featured information on top consumer complaints, and highlighted state efforts to get vital money-saving information to consumers.
Use the resource link to visit the Credit Union National Association's consumer website, aSmarterChoice.org.