<p>WEST PALM BEACH, Fla. – With job layoffs and a recession, credit unions are stepping up to the plate to educate members. Most seminars are free, open to public and cover topics ranging from basic money management to understanding tax laws. Here is a glimpse at what some credit unions are doing to increase financial literacy: The Summit Chapter of Credit Unions will be offering eight free Consumer Credit Counseling classes this year to help consumers get a better handle on their finances. The two-hour seminar will be available to all credit union members and the general public. Topics will include “After Christmas Blues”, a quick overview of an individual’s current financial picture and what steps to take; “How to get ready for tax time”; “Home Buyers Seminar; Budgeting 101; and “Preparing your finances to take a vacation. Wright-Patt Credit Union is helping members make sense of the new tax laws with its seminars through a partnership with H & R Block. Featuring an H&R Block tax professional, seminars offer members advice and tips on how to take advantage of the new tax and savings opportunities. In addition to the educational seminars, Wright-Patt is offering H&R Block tax service discounts to its members. Freedom Credit Union is helping some Philadelphia teens learn the basics of money management by establishing a financial planning program at Dobbins/Randolph Area Vocational Technical School. Dobbins teacher Carolyn Munson has integrated educational materials provided by FCU into her Entrepreneurship class since many students do not get this kind of information “at home around the dinner table.” Students learn budgeting skills and how to obtain credit and maintain good credit. University of Virginia Community Credit Union will host free Home Buyers’ Seminars. A panel of experts will outline the home buying process form start-to-finish. First time homebuyers will learn more about title insurance, credit reports and asset statements, appraisals, the closing process, and types of mortgage loans available through the credit union. [email protected]</p>

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.