WASHINGTON – Credit union groups aren’t the only ones promoting financial literacy. They now have a big name to help with the cause. With the hope of educating consumers on such topics as saving, budgeting and shopping for a car loan, Federal Reserve Chairman Alan Greenspan will be featured in a public service announcement set to air this week. “Making informed decisions about what to do with your money will help build a more stable financial future for you and your family,” Greenspan says in the 30-second television announcement. The ad also offers a toll-free number to obtain a pamphlet with tips on saving, budgeting and shopping for a car loan. The announcement will direct viewers to www.federalreserveeducation.org which has information on a number of financial issues such as identity theft, Internet banking and how the Fed operates including links to the agency and its 12 regional banks. Fed officials say the ads cost $30,000 to $40,000 to produce, but the agency will ask TV and radio stations to air them as free public service announcements.

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 © 2022 ALM Global, LLC. All Rights Reserved.