$100K of free financial ed available to
credit unions, SEGs
This falll, the Wisconsin Credit Union League
and the Department of Financial Institutions are pleased to announce
that up to 1,000 employees of credit unions or their employer groups can
participate in the Investor Education in Your
Workplace® (a $100 value per person),
thanks to a grant from the Investor Protection Trust and the support of
the Investor Protection Institute. The program offers participants
unbiased, online training in personal finance and investing
The education is free of
charge to employees on a first-come, first-served basis and covers:
Participating employers are being asked for a
one-time set-up fee to help cover a small percentage of the program
cost, but arrangements can be made to identify a sponsor or secure a fee
waiver if that cost poses a challenge.
Past participants will find there are several
new features to the program, including updated and new content and
improved online graphics and interactivity.
During the pilot phase of the program, from
2009 to 2011, 5,476 learners from 80 Wisconsin credit unions and 24
Wisconsin businesses completed 60,000 hours of training. Fourteen of
those grads completed more advanced online study to become Certified
Financial Educators® (CFE®) through the Heartland Institute.
They, in turn, encouraged participation by the additional companies.
The program has been used in at least
10 states to encourage proactive investing and – as a result
of additional states expected to adopt it – has become one of the
nation’s fastest growing workplace-based investment education
programs. It is expected to stimulate many millions of dollars in
investing nationwide. In 2011 the program received a Wisconsin Financial Literacy
To learn more, sign up for one
of thefree webinarsbeing offered on July 24, August 7 or August 21 at 1 p.m.
Participants are asked to register by Sept. 21 and begin learning Oct.
If you have any questions, contact Chad
Helminak, The League's Director of REAL Solutions & Outreach, at
$100K of free financial ed available to credit unions, SEGs