Key Financial Education Initiatives for Wisconsin Credit Unions
Apply by December 1 for a Governor's Financial Literacy Award
National Credit Union Youth Month
This is an annual event
for which credit unions provide activities and contests to teach young adults about the importance of saving early.
Money Smart Week
This is a joint effort by partner organizations to hold events, workshops and presentations that offer financial education. Events are held for all age groups and focus on helping people learn to better manage their personal finances. Credit unions are invited to become event partners.
Support for Wisconsin Schools
More than 100 youth-run, in-school credit union branches statewide help young people develop a habit of saving. Research has shown that credit unions' practice of supporting in-class financial learning with access to savings accounts positively impacts young people's financial behaviors. Credit unions also provide schools with free teaching materials, assist with classroom presentations and host interactive reality fairs that engage students in financial decision-making. Credit unions also engage teams of students from local schools in a statewide Finance and Investment Challenge Bowl.
Support from credit unions has helped school districts implement their own financial education requirements for student graduation or be better positioned for legislation that may soon require financial literacy standards and curriculum. Print a summary of how teachers can use credit unions to advance their efforts.
National Institute of Financial & Economic Literacy
Credit unions sponsor local teachers (and employees) who offer financial lessons in the community to attend a series of summer workshops in Madison that help them improve the financial lessons they offer their students.