ALEXANDRIA, Va. — NCUA Chairman JoAnn Johnson, in recognition of April as Financial Literacy Month, visited Woodbridge Senior High School in Woodbridge, Va., to stress the importance of financial education and present the President's Volunteer Service Award to volunteers at the student-run credit union.
Johnson, a former teacher, shared the essentials of financial education a class from the high school's business department. She also demonstrated the www.mymoney.gov Web site while the students worked with the Web site at their own computer terminals. Johnson chaired the Financial Literacy and Education Commission subcommittee that created the site.
"The sooner America's youth receive the tools and resources of financial education, the better decisions they will make the rest of their lives," Johnson said. "As these high school students head to college soon, they will be exposed to countless credit card offers. It is especially important to make them aware of handling these products wisely in order to avoid unnecessary and long-term debt. I was impressed with the eagerness these students displayed while navigating through the MyMoney.Gov website and putting this valuable resource to good use."
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In recognition of National Volunteer Week this month, the chairman also presented the President's Volunteer Service Award to My-Hang (Maria) McNealy, Amanda Bergmann, and Charles N. Ofori, Jr., who volunteer as tellers at the "Viking Vault," the student-run credit union located inside the high school, and for their service throughout the community.
The Viking Vault is a partnership between Prince William County Public Schools and Fort Belvoir Federal Credit Union. The fully operational branch provides hands-on learning by giving high school students access to a wide variety of services and products, including checking, savings, loans, and even credit cards.
The President's Volunteer Service Award Program was initiated in 2003 to honor volunteers who inspire others to volunteer.
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