Nineteen credit unions and two credit union organizations havebeen awarded a portion of more than $287,000 that the NationalCredit Union Foundation has set aside for financial educationgrants in 2012.

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When making the announcement, the NCUF cited a national surveyfrom the National Foundation for Credit Counseling which found that34% of respondents, representing about 77 million people, wouldgive themselves a grade of C, D or F in finance skills.

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An additional 78% said they would benefit from advice andanswers to everyday financial questions, the NCUF said.

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“The need for financial education is still critical in America,”said Tom Candell, the foundation's deputy executive director. “Thisis the secondyear in a row that NCUF is focusing exclusively on financialeducation in our grants, which will ultimately help more peopleachieve financial freedom.”

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The projects funded ranged from producing financial literacyvideos to run before films in local movie theaters to financialeducation programs aimed at Native Americans and still others aimedat consumers standing in check cashing lines.

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The recipients are Carter FCU in Springhill, La.; FirstFinancial CU in Gallup, N.M.; Self-Help FCU in Oakland, Calif.;Southern Chautauqua FCU in Lakewood, N.Y.; ABCO FCU, Rancocas,N.J.; Alaska USA FCU, Anchorage; Alternatives FCU, Ithaca, N.Y.;Arcadia FCU, Fort Kent, Maine; Ascentra CU, Bettendorf,Iowa; Central City CU, Marshfield, Wis.; Dakotaland FCU, Huron,S.D.

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Also, Erie FCU, Erie, Pa.; National Federation of CommunityDevelopment Credit Unions, New York City; FinancialEdge CommunityCU, Bay City, Mich.; HEW FCU, Alexandria, Va.; Holy Rosary CU,Kansas City, Mo.; New York Credit Union Foundation, Albany, N.Y.;Travis CU, Vacaville Calif.; and Truliant FCU, Winston-Salem,N.C.

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