As the charitable arm of America’s credit union movement, the National Credit Union Foundation’s programs and grants provide widespread financial education, create greater access to affordable financial services and empower credit union members to build assets. We will still continue in that direction, but we will primarily focus on financial education initiatives through REAL Solutions and grant-making to credit union organizations across the country.

Young adults believe that making better choices about managing money is the single most important issue facing individual Americans today, according to a recent survey from Charles Schwab. Where do they go for that information? The same survey found that only about one in three parents (34%) have taught their teen how to balance a checkbook, and even fewer (29%) have explained how credit card interest and fees work.

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Peter Westerman

 

Credit Union Times

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