ALEXANDRIA, Va. — NCUA Chairman JoAnn Johnson unveiled a financial education library on NCUA's Web site last week, as well as new calculators on the MyMoney.Gov site for the Financial Literacy and Education Commission.
NCUA's library, available at http://www.ncua.gov/FinancialEducation/index.htm, features printable brochures on topics ranging from identity theft to credit reporting to credit card tricks.
Tower Federal Credit Union in Laurel, Md., originally created the brochures and they were modified for NCUA's Web site. "I commend Tower FCU for their commitment to financial education and appreciate their willingness to share some excellent materials with the credit union community via NCUA's website," Johnson commented. "Online resources such as NCUA's financial education library and MyMoney.Gov are fine examples of the positive and far reaching impact technology has in empowering credit union members with the important tools of financial education. I encourage credit unions to include these resources in their outreach to their members and communities they serve."
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In related news, Johnson, as chairman of the MyMoney.Gov Web site subcommittee of the Financial Literacy and Education Commission also announced the creation of online calculators aimed at helping consumers save money for college and retirement, purchase a home, and many other important transactions.
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