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NCUA hosting financial literacy Twitter Chat for America and Military Saves Week
ALEXANDRIA, VA (February 24, 2014) – Credit unions and their members can join a lively social media conversation on financial literacy this week during the National Credit Union Administration’s live Twitter chat on Wednesday, Feb. 26, at 11 a.m. Eastern.
NCUA’s first ever Twitter chat, the event is one of the agency’s activities during America Saves and Military Saves Week. Kenneth Worthey, Financial Literacy and Outreach Analyst with NCUA’s Office of Consumer Protection, will guide credit unions and consumers through the agency’s financial literacy resources and answer participants’ financial literacy questions. Credit unions and consumers are encouraged to follow @TheNCUA and contribute to the conversation using the #NCUAChat hashtag on Twitter. Participants can submit questions ahead of time to socialmedia@ncua.gov.
During Military Saves and America Saves Week, credit unions and consumers are encouraged to take advantage of NCUA’s updated pages on mycreditunion.gov and the agency’s financial literacy site, Pocket Cents, to obtain information on saving, borrowing and managing credit. NCUA’s consumer Twitter feed, @MyCUgov, also provides personal finance tips covering a wide range of topics all year long. During Military Saves and America Saves Week, @MyCUgov will focus on how credit unions can help grow savings.
America Saves Week and Military Saves Week are national campaigns that unite government, nonprofit and corporate groups to encourage individuals and families to save and build personal wealth. America Saves Week is coordinated by America Saves and the American Savings Education Council. Military Saves is part of the Defense Department’s Financial Readiness Campaign and has been a partner with the department since 2003. Managed by the Consumer Federation of America, both programs encourage saving, reducing debt and building wealth.
NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 96 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.