NCUA Marks National Financial Capability Month, Military Saves Month

ALEXANDRIA, Va. (April 6, 2020) – The National Credit Union Administration will promote financial preparedness for credit union members, consumers, and service members and their families during National Financial Capability Month and Military Saves Month, both of which run through April 30.

The NCUA’s consumer website, MyCreditUnion.gov, includes information on topics like managing debt, setting a budget, understanding home equity loans, and planning for the expected. NCUA.gov hosts a Financial Literacy and Education Resource Center that links to additional educational resources from other federal agencies and organizations. Credit union members, consumers, and service members and their families can also find and share financial tips and best practices for protecting their financial well-being on the NCUA’s Facebook page.

Under the Federal Credit Union Act, promoting financial capability is a core credit union mission. While credit unions serve the needs of their members and promote financial literacy within the communities they serve, the NCUA reinforces credit union efforts, raises consumer awareness, and increases access to safe and affordable financial services.

The NCUA is one of 19 federal agencies that are members of the Financial Literacy and Education Commission, which was established in 2003 to develop a national financial education website and a national strategy on financial education.

IR Press

Share
Published by
IR Press

Recent Posts

U.S. Department of the Treasury’s Federal Insurance Office Launches New Partnership with the National Science Foundation on Terrorism and Catastrophic Cyber Risks

WASHINGTON – This week, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) hosted…

4 days ago

IRS Direct File Pilot Exceeds Usage Goal, Receiving Positive User Ratings and Saving Taxpayers Money

140,803 Taxpayers Filed Their Taxes Directly with the IRS for Free as users claimed more…

4 days ago

Acting Comptroller Issues Statement on the FDIC’s Proposals Related to Change in Bank Control Act

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today issued the following statement at the…

4 days ago

Treasury Targets Networks Facilitating Illicit Trade and UAV Transfers on Behalf of Iranian Military

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is…

5 days ago

U.S. Department of the Treasury, IRS Release Final Rules on Provision to Expand Reach of Clean Energy Tax Credits Through President Biden’s Investing in America Agenda

New Inflation Reduction Act Provision Broadens Access and Boosts Return on Clean Energy Tax CreditsWashington,…

5 days ago