WASHINGTON – CUNA President and CEO Dan Mica reiterated the organization's commitment to financial literacy before the U.S. Treasury Department's Financial Literacy and Education Commission May 15.
"CUNA and credit unions have both a traditional and historical commitment to developing greater financial interest among their members. In fact, financial education, and cultivating financial literacy, are parts of the culture of credit unions," Mica told the group.
He noted that CUNA and member credit unions have a partnership with the National Endowment for Financial Education, in offering the High School Financial Planning Program since 2000, to more than 400,000 high school seniors in more than 2,000 high schools nationwide.
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Mica reported that the organization's "Thrive by Five" free financial education materials for pre-K children have been downloaded more than 60,000 times from CUNA's Web site in the year that the materials have been offered.
In an effort to extend financial education to the Hispanic Community, Mica said CUNA has put together a "Quick Start Guide." Since the guide was made available in March of this year on the CUNA Web site, the guide or its components have been downloaded more than 15,000 times.
Comptroller of the Currency John C. Dugan, NCUA Chairman JoAnn Johnson, and Assistant Treasury Secretary for Financial Institutions Emil Henry Jr. were also at the meeting.
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