Financial Planning Test for CU Staff
What better way to get a gauge on how deft members are with their financial planning and investment goals than to test the employees at their credit unions.
That was part of the premise behind the Investor Education in Your Workplace program, a joint project created in 2009 between the Wisconsin Credit Union League and the Investor Protection Trust, a nonprofit organization devoted to investment education.
Rogers said for credit unions that want to promote thrift and make sure that employees throughout the organization help members make good financial decisions, the research is revealing.
“It’s particularly interesting for credit unions that want to emphasize investing and retirement services as part of their product offerings, because it shows credit union employees can make worthwhile knowledge gains on investing topics,” Rogers noted.